Acquisitions - January-December 2001

     UNIVERSITY OF ALBERTA.  Department of Economics.                   

     2000-1 Buse, A.  The history of extraneous estimation.  51p.       
     2001-1 Eckert, Andrew.  Retail price cycles and the presence of    
            small firms: general results.  52p.                         

     ATHENS UNIVERSITY OF ECONOMICS & BUSINESS.  Dept. of Economics.    

     119    Tsionas, Efthymios G.  Bayesian inference in the non-central
            student-t model.  20p.                                      
     118    Vlachou, Andriana.  The economics of global warming: a      
            critical assessment.  32p.                                  
     120    Andrikopoulos, Andreas A. & Prodromidis, Kyprianos P.  The  
            qualitative element in organization behavior.  9p.          
     121    Baltas, Nicholas C. & Xepapadeas, Anastasios.  Car          
            replacement and environmental policy in the EU: the case of 
            Greece.  20p.                                               
     123    Andrikopolous, Andreas A. & Prodromidis, Kyprianos P.       
            Fiscal instruments, political business cycles and the EMU:  
            some stylized facts.  27p.                                  
     122    Andrikopoulos, Andreas A., Loizides, John C. & Prodromidis, 
            Kyprianos P.  Political business cycles and national tax    
            policies in the EU countries.  29p.                         
     124    Bitros, George C. & Tsionas, Efthymios G.  A consistent     
            approach to cost efficiency measurement.  19p.              
     125    Baltas, Nicholas C.  European Union enlargment: an historic 
            milestone in the process of European integration.  14p.     
     126    Bitros, George C. & Flytzanis, Elias G.  Towards a general  
            theory of real capital.  24p.                               
     101    Demopoulos, George D. & Fratzeskos, Emmanuel K.             
            Macroeconomic developments and problems in the transition   
            process of the Bulgarian economy.  37p.                     
     127    Dimelis, Sophia & Louri, Helen.  Foreign direct investment  
            and productivity analysis.  27p.                            
     131    Baltas, Nicholas C.  The common agricultural policy: past,  
            present and future.  17p.                                   
     128    Economides, George, Miaouli, Natasha & Philippopoulos,      
            Apostolis.  Electoral uncertainty and economic growth.  19p.
     132    Fotopoulos, George & Louri, Helen.  Determinants of firm    
            growth: an integrated empirical assessment.  26p.           
     129    Miaouli, Natasha.  Optimal wage formation and rent          
            extraction: evidence from five European countries.  33p.    
     130    Tsionas, Efthymios G.  Stochastic frontier models with      
            random coefficients.  31p.                                  
     134    Bosworth, Barry & Kollintzas, Tryphon.  Economic growth in  
            Greece: past performance and future prospects.  49p.        
     133    Pournarakis, Mike.  Fixity of exchange rates and efficiency 
            of monetary policy in the European transition economics: the
            experience of .  20p.                                       
     135    Demopoulos, George D., Yannacopoulos, Nicholas A. & Warren, 
            Stanton A.  Monetary unions, adjustment mechanisms and      
            risk-sharing: can market forces replace fiscal policy in the
            European Un.  14p.                                          




                                                           PAGE   2


     UNIVERSITY OF AUCKLAND.  Department of Economics.                  

     214    King, Ian.  Rankings of economics departments in New        
            Zealand.  9p.                                               
     215    Phillips, Peter C.B. & Yu, Jun.  Exact Gaussian estimation  
            of continuous time models of the term structure of interest 
            rates.  22p.                                                

     BANCO DE ESPANA.  Servicio de Estudios.                            

     200017 Alonso, Francisco, et al.  Estimating liquidity premia in   
            the Spanish government securities market.  44p.             
     200010 Ortega, Eva & Alberola, Enrique.  Transmission of shocks and
            monetary policy in the Euro area: an exercise with NIGEM.   
            75p.                                                        
     200020 Gali, Jordi, Gertler, Mark & Lopez-Salido, J. David.        
            European inflation dynamics.  45p.                          
     200018 Fernandez de Lis, Santiago, Martinez Pages, Jorge & Saurina,
            Jesus.  Credit growth, problem loans and credit risk        
            provisioning in Spain.  37p.                                
     2001-2 Balakrishan, Ravi.  The interaction of firing costs and     
            on-the-job search: an application of a search theoretical   
            model to the Spanish .  40p.                                
     2001-3 de Castro, Francisco, Gonzalez-Paramo, Jose M. & Hernandez  
            de Cos, Pablo.  Evaluating the dynamics of fiscal policy in 
            Spain: patterns of interdependence and consistency of public
            expenditur.  43p.                                           
     200019 Hernandez de Cos, Pablo, Argimon, Isabel & Gonzalez-Paramo, 
            Jose M.  Does public ownership affect business performance?:
            empirical evidence with panel data from the Spanish         
            manufacturi.  54p.                                          
     2001-1 Rendon, Silvio.  Job creation under liquidity constraints:  
            the Spanish case.  48p.                                     
     2001-5 Ayuso, Juan & Repullo, Rafael.  Why did the banks overbid?: 
            an empirical model of the fixed rate tenders of the European
            Central Bank.  25p.                                         
     2001-8 Maravall, Agustin & del Rio, Ana.  Time aggregation and the 
            Hodrick-Prescott filter.  46p.                              
     2001-4 Nielsen, Carsten K.  Three exchange rate regimes and a      
            monetary union: determinacy, currency crises, and welfare.  
            35p.                                                        
     2001-6 Ruge-Murcia, Francisco J.  Inflation targeting under        
            asymmetric preferences.  54p.                               
     2001-7 Vinals, Jose.  Monetary policy issues in a low inflation    
            environment.  67p.                                          
     200110 Estrada, Angel & Lopez-Salido, David.  Accounting for       
            Spanish productivity growth using sectoral data: new        
            evidence.  35p.                                             
     200111 Alonso, Francisco, Blanco, Roberto & del Rio, Ana.          
            Estimating inflation expectations using French government   
            inflation-indexed bonds.  39p.                              
     200112 Caporello, Gianluca, Maravall, Agustin & Sanchez, Fernando  
            J.  Program TSW reference manual.  59p.                     




                                                           PAGE   3


     BANK OF JAPAN.  Institute for Monetary & Economic Studies.         

     200034 Shiratsuka, Shigenori.  Asset prices, financial stability,  
            and monetary policy based on Japan's experience of the asset
            price bubble.  39p.                                         
     2001-1 Shiratsuka, Shigenori.  Information content of implied      
            probability distributions: empirical studies on Japanese    
            stock price index options.  37p.                            
     2001-5 Amemiya, Takeshi.  Endogenous sampling in duration models.  
            22p.                                                        
     2001-2 Mann, Ronald J.  Card-based payment systems in the United   
            States and Japan.  56p.                                     
     2001-3   Technological innovation and banking industry monetary    
            policy: forum on the development of electronic payment      
            techn.  93p.                                                
     2001-4 Yamai, Yasuhiro & Yoshiba, Toshino.  On the validity of     
            value-at-risk: comparative analyses with expected shortfall.
             34p.                                                       
     2001-6 Weinberg, John A..  The pricing of interbank payment        
            services in a changing competitive environment.  24p.       
     200110 Fujiki, Hiroshi & Shiratsuka, Shigenori.  Policy duration   
            effect under the zero interest rate policy in 1999-2000:    
            evidence from Japan's money market data.  53p.              
     2001-9 Mio, Hitoshi.  Identifying aggregate demand and aggregate   
            supply components of inflation rate: a structural VAR       
            analysis for Japan.  30p.                                   
     2001-8 Tsuru, Kotaro.  The choice of lending patterns by Japanese  
            banks during the 1980s and 1990s: the causes and            
            consequences of a real .  50p.                              
     2001-7 Tsuru, Kotaro.  Should banks choose collateral or           
            non-collateral lending?  The impact of a project's risk,    
            bank's monitoring effici.  61p.                             
     200111 Baba, Naohiko.  Optimal timing in banks' write-off decisions
            under the possible implementation of a subsidy scheme: a    
            real options .  38p.                                        
     200113 Fujuki, Hiroshi.  Money demand near zero interest rate:     
            evidence from regional data.  28p.                          
     200115 Wall, Howard J.  Has Japan been left out in the cold by     
            regional integration?.  25p.                                
     200112 Yamai, Yasuhiro & Yoshiba, Toshinao.  Comparative analyses  
            of expected shortfall and VAR: their estimation error,      
            decomposition, and optimization.  43p.                      
     200114 Yoshiba, Toshinao & Yasuhiro, Yamai.  Comparative analyses  
            of expected shortfall and value-at-risk (2): expected       
            utility maximization and tail risk.  29p.                   
     200116 Okina, Kunio & Shiratsuka, Shigenori.  Asset price bubbles, 
            price stability, and monetary policy: Japan's experience.   
            51p.                                                        
     200117 Watanabe, Toshiaki & Asai, Manabu.  Stochastic volatility   
            models with heavy-tailed distribution: a Bayesian analysis. 
            52p.                                                        

     BEN GURION UNIVERSITY.  Monaster Center for Economic Research.     

     2000-8 Justman, Moshe.  Transitional dynamics of output, wages and 
            profits in innovation-led growth: a general equilibrium     
            analysis.  37p.                                             
                                                           PAGE   4

     2000-7 Moldovanu, Benny & Sela, Aner.  Patent licensing to Bertrand
            competitors.  23p.                                          
     2000-6 Shalit, Haim & Yitzhaki, Shlomo.  Solving the portfolio     
            allocation puzzle.  11p.                                    
     200010 Ben-Zion, Uri, Hibshoosh, Aharon & Spiegel, Uriel.  Price   
            discrimination by coupons restriction.  7p.                 
     2001-1 Gavious, Arie, Moldovanu, Benny & Sela, Aner.  Bid costs and
            endogenous bid caps.  23p.                                  
     2000-9 Perez-Castrillo, David & Wettstein, David.  In whose        
            backyard?  A generalized bidding approach.  21p.            
     2001-2 Ruffle, Bradley J. & Kaplan, Todd R.  Here's something you  
            never asked for, didn't know existed, and can't easily      
            obtain: a search model of gift giving.  30p.                
     200112 Abu-Qarn, Aamer S. & Abubader, Suleiman.  Export-led growth:
            empirical evidence from the Mena region.  22p.              
     200111 Abubader, Suleiiman.  Institutional changes and breakpoints 
            in Israeli trade.  25p.                                     
     2001-3 Gavious, Arieh & Sela, Aner.  Auctions with reservation     
            prices.  20p.                                               
     2001-7 Gradstein, Mark.  Rules, stability, and growth.  23p.       
     2001-6 Justman, Moshe & Zuscovitch, Ehud.  The economic impact of  
            subsidized industrial R&D in Israel.  22p.                  
     2001-9 Justman, Moshe, Thisse, Jacques-Francois & van Ypersele,    
            Tanguy.  Fiscal competition and regional differentiation.   
            20p.                                                        
     2001-9 Palmon, Oded & Spivak, Avia.  Adverse selection and the     
            market for annuities.  49p.                                 
     200110 Ruffle, Bradley J.  Competitive equilibrium and classroom   
            pit markets for the early 21st century.  18p.               
     2001-5 Tykocinski, Orit E. & Ruffle, Bradley J.  Instrumental      
            waiting.  16p.                                              
     200117 BenZion, Uri, et al.  Efficiency differences between the S&P
            500 and the Tel-Aviv 25 indices: a moving average           
            comparison.  37p.                                           
     2001-8 Einy, Ezra, et al.  Dominant strategies, superior           
            information, and winner's curse in second-price auctions.   
            18p.                                                        
     200119 Einy, Ezra, Moreno, Diego & Shitovitz, Benyamin.  On the    
            value of public information in a Cournot duopoly.  19p.     
     200114 Fibich, Gadi, Gavious, Arieh & Sela, Aner.  Revenue         
            equivalence in asymmetric auctions.  17p.                   
     200116 Haimanko, Ori, LeBreton, Michel & Weber, Shlomo.  Transfers 
            in a polarized country: bridging the gap between efficiency 
            and stability.  39p.                                        
     200113 Homma, Tetsushi, Tsutsui, Yoshiro & BenZion, Uri.  Exchange 
            rate and stock prices in Japan.  26p.                       
     200118 Ruffle, Bradley J.  Tax and subsidy incidence equivalence   
            theories: experimental evidence from competitive markets.   
            46p.                                                        
     200115 Sosis, Richard & Ruffle, Bradley.  Religious ritual and     
            cooperation: testing for a relationship on Israeli religious
            Kibbutzim.  26p.                                            

     BOSTON UNIVERSITY.  Dept. of Economics-Industry Studies Program.   

     103    Ma, Ching-to Albert.  Public rationing and private cost     
            incentives.  21p.                                           

                                                           PAGE   5

     104    Rysman, Marc.  Competition between networks: a study of the 
            market for yellow pages.  43p.                              

     UNIVERSITY OF CALIFORNIA-BERKELEY.  Department of Economics.       

     293    Dranove, David & Gandal, Neil.  The DVD vs. DIVX standard   
            war: empirical evidence of vaporware.  30p.                 
     291    Farrell, Joseph & Shapiro, Carl.  Scale economies and       
            synergies in horizontal merger analysis.  28p.              
     292    Palomino, Frederic & Rigotti, Luca.  The sport league's     
            dilemma: competitive balance versus incentives to win.  34p.
     295    Gandal, Neil.  The dynamics of competition in the Internet  
            search engine market.  19p.                                 
     294    Kirchsteiger, Georg, Rigotti, Luca & Rustichini, Aldo.  Your
            morals are your moods.  35p.                                
     298    Craine, Roger.  Dollarization: an irreversible decision.    
            27p.                                                        
     299    Echenique, Federico.  A characterization of strategic       
            complementarities.  18p.                                    
     297    Gayer, Ted.  The fatality risks of sport-utility vehicles,  
            vans, and pickups.  51p.                                    
     296    Rigotti, Luca, Ryan, Matthew & Vaithianathan, Rhema.        
            Entrepreneurial innovation.  34p.                           
     300    Gilbert, Richard J. & Katz, Michael L.  An economist's guide
            to U.S. vs. Microsoft.  39p.                                
     301    Gilbert, Richard J. & Tom, Willard K.  Is innovation king at
            the antitrust agencies?  The intellectual property          
            guidelines five years later.  46p.                          
     302    Gilbert, Richard & Hastings, Justine.  Vertical integration 
            in gasoline supply: an empirical test of raising rivals'    
            costs.  53p.                                                
     306    Farrell, Joseph & Katz, Michael.  Competition or predation? 
            Schumpeterian rivalry in network markets.  36p.             
     303    Gallini, Nancy & Scotchmer, Suzanne.  Intellectual property:
            when is it the best incentive system?.  26p.                
     304    Hall, Bronwyn H., Jaffe, Adam & Trajtenberg, Manuel.  Market
            value and patent citations: a first look.  47p.             
     305    Scotchmer, Suzanne.  The political economy of intellectual  
            property treaties.  30p.                                    
     308    Case, Karl E., Quigley, John M. & Shiller, Robert J.        
            Comparing wealth effects: the stock market versus the       
            housing market.  30p.                                       
     307    Hendel, Igal & Nevo, Aviv.  Sales and consumer inventory.   
            37p.                                                        

     UNIV. OF CALIFORNIA-BERKELEY. Ctr. for Int'l. & Devel. Econ. Res.  

     117    Galiani, Sebastian & Hopenhayn, Hugo A.  Duration and risk  
            of unemployment in Argentina.  22p.                         
     118    Lopez-Cordova, J. Ernesto & Meissner, Chris.  Exchange-rate 
            regimes and international trade: evidence from the classical
            gold standard era.  52p.                                    
     116    Obstfeld, Maurice & Rogoff, Kenneth.  Perspectives on OECD  
            economic integration: implications for U.S. current account 
            adjustment.  61p.                                           



                                                           PAGE   6


     UNIVERSITY OF CALIFORNIA-SAN DIEGO.  Department of Economics.      

     200031 Betts, Julian R., Odgers, Cameron W. & Wilson, Michael K.   
            The effects of unions on research and development: an       
            empirical analysis using multi-year data.  38p.             
     200033 Betts, Julian R. & Fairlie, Robert W.  Explaining ethnic,   
            racial, and immigrant differences in private school         
            attendance.  38p.                                           
     200020 Betts, Julian R. & Costrell, Robert M.  Incentives and      
            equity under standards-based reform.  78p.                  
     200021 Carson, Richard T. & Mitchell, Robert C.  Public preferences
            toward environmental risks: the case of trihalomethanes.    
            37p.                                                        
     200019 Elliott, Graham & Stock, James H.  Confidence intervals for 
            autoregressive coefficients near one.  37p.                 
     200026 Engle, Robert F. & Patton, Andrew J.  Impacts of trades in  
            an error-correction model of quote prices.  52p.            
     200030 Friedberg, Leora & Webb, Anthony.  The impact of 401(k)     
            plans on retirement.  35p.                                  
     200032 Goncalves, Silvia & White, Halbert.  Maximum likelihood and 
            the bootstrap for nonlinear dynamic models.  44p.           
     200023 Hamilton, James D. & Kim, Dong Heon.  A re-examination of   
            the predictability of economic activity using the yield     
            spread.  37p.                                               
     200027 Kim, Tae-Hwan, Stone, Douglas & White, Halbert.  Asymptotic 
            and Bayesian confidence intervals for Sharpe style weights. 
            40p.                                                        
     200022 Machina, Mark J.  Payoff kinks in preference over lotteries.
             46p.                                                       
     200024 Pesavento, Elena.  Analytical evaluation of the power of    
            tests for the absence of cointegration.  57p.               
     200029 Segal, Uzi & Sobel, Joel.  Min, max, and sum.  26p.         
     200028 Shen, Pu & Starr, Ross M.  Market makers' supply and pricing
            of financial market liquidity.  16p.                        
     200025 Starr, Ross M.  Why is there money?  Endogenous derivation  
            of `money' as the most liquid asset: a class of examples.   
            19p.                                                        
     2001-5 Den Haan, Wouter J. & Sumner, Steven.  The comovements      
            between real activity and prices in the G7.  33p.           
     2001-7 Giacomini, Raffaella & Granger, Clive W.J..  Aggregation of 
            space-time processes.  29p.                                 
     2001-4 Granger, Clive W.J. & Yoon, Gawon.  Self-generating         
            variables in a cointegrated VAR framework.  52p.            
     2001-1 Klimenko, Mikhail, Ramey, Garey & Watson, Joel.  Recurrent  
            trade agreements and the value of external enforcement.     
            40p.                                                        
     2001-8 Komunjer, Ivana.  Consistent estimation for aggregated GARCH
            processes.  42p.                                            
     2001-3 Owyang, Michael & Ramey, Garey.  Regime switching and       
            monetary policy measurement.  31p.                          
     2001-6 Paparoditis, Efsthathios & Politis, Dimitris N.  Unit root  
            testing via the continuous-path block bootstrap.  45p.      
     2001-9 Patton, Andrew J.  Modelling time-varying exchange rate     
            dependence using the conditional copula.  51p.              



                                                           PAGE   7

     2001-2 Timmermann, Allan.  Structural breaks, incomplete           
            information and stock prices.  35p.                         

     UNIVERSITY OF CALIFORNIA-SANTA BARBARA.  Department of Economics.  

     122000 Frech, H.E., Langenfeld, James & Corbett, Michaelyn.        
            Managed health care effects: medical care costs and access  
            to health insurance.  26p.                                  
     9/2000 Gabrielsen, Tommy S. & Sorgard, Lars.  Private labels, price
            rivalry, and public policy.  28p.                           
     112000 Garratt, Rod & Qin, Cheng-Zhong.  Potential maximization and
            coalition government formation.  17p.                       
     102000 Lommerud, Kjell E., Straume, Odd R. & Sorgard, Lars.  Merger
            profitability in unionized oligopoly.  31p.                 
     8/2000 Tokat, Yasim, Rachev, Svetlozar T. & Schwartz, Eduardo.  The
            stable non-Gaussian asset allocation: a comparison with the 
            classical Gaussian approach.  36p.                          
     3/2001 Bohn, Henning.  Retirement savings in an aging society: a   
            case for innovative government debt management.  42p.       
     2/2001 Costello, Christopher & McAusland, Carol.  On agricultural  
            protection and exotic species introduction.  24p.           
     7/2001 Frech, H.E.  What can corporate demography and economics    
            contribute to each other?.  30p.                            
     6/2001 Kavuncu, Yusuf O. & Knabb, Shawn D.  An intergenerational   
            cost-benefit analysis of climate change.  41p.              
     8/2001 LeRoy, Stephen F.  Infinite portfolios.  20p.               
     1/2001 Sodal, Sigbjorn.  Entry, exit and scrapping decisions with  
            investment lags: a series of investment models based on a   
            new approach.  34p.                                         
     5/2001 Sunnevag, Kjell J.  Auction design for the allocation of    
            emission permits.  16p.                                     
     4/2001 Sunnevag, Kjell J.  Auction design for the allocation of    
            multiple units of a homogenous good: theoretical background 
            and practical expe.  28p.                                   

     UNIVERSITY OF CAMBRIDGE.  Department of Applied Economics.         

     2000-9 Di Tommaso, Maria L. & Weeks, Melvyn.  Decision structures  
            and discrete choices: an application to labour market       
            participation and fertility.  35p.                          
     2000-7 Domah, Preetum & Pollitt, Michael G.  The restructuring and 
            privatisation of electricity distribution and supply        
            businesses in England and Wales.  42p.                      
     200011 Giovannetti, Emanuele.  Interconnection, differentiation and
            bottlenecks in the Internet.  34p.                          
     200012 Giovannetti, Emanuele.  Perpetual leapfrogging in Bertrand  
            duopoly.  31p.                                              
     200013 Lewin-Solomons, Shira B.  Asset specificity and hold-up in  
            franchising and grower contracts: theoretical rationale for 
            government regulation?.  23p.                               
     2000-8 Littlechild, Stephen C.  Why we need electricity retailers: 
            a reply to Joskow on wholesale spot price pass-through.     
            42p.                                                        
     200010 Yudong, Yao & Weeks, Melvyn.  Provincial income convergence 
            in China, 1953-1957: a panel data approach.  34p.           



                                                           PAGE   8

     200021 Affuso, Luisa, Masson, Julien & Newbery, David.  Comparing  
            investments on new transport infrastructure: roads vs.      
            railways?.  36p.                                            
     200017 Aidt, Toke S.  The rise of environmentalism, pollution taxes
            and intra-industry trade.  31p.                             
     200019 Corrado, Luisa & Holly, Sean.  Piecewise linear feedback    
            rules in a non linear model of the Phillips Curve: evidence 
            from the U.S. and the U.K..  21p.                           
     200018 Kattuman, Paul & Roberts, Barbara M.  Strategy choices of   
            firms and market structure.  16p.                           
     200016 Lewin-Solomons, Shira B.  Autonomy, contractability, and the
            franchise relationship.  30p.                               
     200015 Lewin-Solomons, Shira B.  Innovation and authority in       
            franchise systems: an empirical exploration of the plural   
            form.  25p.                                                 
     200014 Ryan, Paul.  The school-to-work transition: a cross-national
            perspective.  74p.                                          
     200020 Santos, Georgina, Rojey, Laurent & Newbery, David.  The     
            environmental benefits from road pricing.  10p.             
     200022 Affuso, Luisa.  Intra-firm retail contracting: survey       
            evidence from the U.K.  24p.                                
     200024 Chadha, J.S., Janssen, N. & Nolan, C.  An examination of    
            U.K. business cycle fluctuations, 1871-1997.  29p.          
     200028 Coe, Patrick, Vahey, Shaun P. & Wakerly, Elizabeth C.  The  
            transparency and accountability of U.K. debt management: a  
            proposal.  18p.                                             
     200025 Immervoll, Herwig.  Fiscal drag: an automatic stabiliser?.  
            24p.                                                        
     200027 Lewin-Solomons, Shira B.  The plural form in franchising: a 
            synergism of market and hierarchy.  29p.                    
     200026 Littlechild, Stephen C.  A review of U.K. electricity       
            regulation, 1999-2000.  21p.                                
     200029 Raiser, Martin, Di Tommaso, Maria L. & Weeks, Melvyn.  The  
            measurement and determination of institutional change:      
            evidence from transition economies.  24p.                   
     200023 Wright, Stephen.  Optimal monetary policy with sticky       
            nominal debt contracts.  35p.                               
     2001-3 Chadha, Jagjit S. & Nolan, Charles.  Supply shocks and the  
            `natural rate of interest': an exploration.  24p.           
     2001-2 Darsinos, Theofanis & Satchell, Stephen.  Bayesian analysis 
            of the Black-Scholes option price.  37p.                    
     200030 Hara, Chiaki & Kajii, Atsushi.  On the range of the         
            risk-free interest rate in incomplete markets.  16p.        
     2001-1 Jamasb, Tooraj & Pollitt, Michael.  Benchmarking and        
            regulation of electricity transmission and distribution     
            utilities: lessons from international expe.  34p.           
     2001-4 Lewin, Richard A. & Satchell, Stephen E.  The derivation of 
            a new model of equity duration.  41p.                       
     2001-5 Sancetta, Alessio & Satchell, Stephen E.  Bernstein         
            approximations to the Copula function and portfolio         
            optimization.  47p.                                         

     BANK OF CANADA.  Technical Reports.                                

     89     Hogan, Seamus, Johnson, Marianne & Lafleche, Therese.  Core 
            inflation.  0p.                                             


                                                           PAGE   9


     UNIVERSITY OF CANTERBURY.  Department of Economics.                

     2000-5 Cowan, Robin, et al.  Technological accidents: learning from
            disaster.  31p.                                             
     2000-2 Gordon, Paul & Woodfield, Alan.  Negligence `in the air' and
            New Zealand's Health and Safety in Employment Act: a law and
            economics analysis.  49p.                                   
     2001-1 Woodfield, Alan.  The underlining game.  38p.               
     2001-3 Guender, Alfred V.  On optimal monetary policy rules and the
            role of MCIs in the open economy.  29p.                     

     UNIVERSIDAD CARLOS III de MADRID.  Dept. de Economia.              

     200085 Corchon, Luis C.  Monk business: an example of the dynamics 
            of organizations.  14p.                                     
     200088 Desmet, Klaus & Fafchamps, Marcel.  The changing spatial    
            distribution of economic activity across U.S. counties.     
            26p.                                                        
     200090 Pascual, Roberto, Escribano, Alvaro & Tapia, Mikel.  Adverse
            selection costs, trading activity and liquidity in the NYSE:
            an empirical analysis in a dynamic context.  37p.           
     200083 Pettit, L.I., Wiper, M.P. & Young, K.D.S.  Bayesian         
            inference for some Lanchester combat laws.  21p.            

     CENTRE D'ETUDES PROS. D'ECON MATH APPLIQUEES A LA PLANIFICATION.   

     2000-8 Boyer, Robert.  Deux defis pour le XXIe siecle: discipliner 
            la finance et organiser l'internationalisation.  32p.       
     2000-7 Boyer, Robert.  The French welfare: an institutional and    
            historial analysis in European perspective.  87p.           
     2000-6 Cahuc, Pierre & Zylberberg, Andre.  Redundancy payments,    
            incomplete labor contracts, unemployment and welfare.  20p. 
     2000-9 Boyer, Robert.  The embodied innovative systems of Germany  
            and Japan: distinctive features and futures.  76p.          
     2001-1 Duran, Jorge.  Discounting long run average growth in       
            stochastic dynamic programs.  26p.                          
     2001-3 Petit, Pascal & Soete, Luc.  Is a biased technological      
            change fueling dualism?.  30p.                              

     UNIVERSITY OF COPENHAGEN.  Centre for Industrial Economics.        

     2000-9 Amir, Rabah, Evstigneev, Igor & Wooders, John.              
            Noncooperative R & D and optimal R & D cartels.  33p.       
     2000-7 Dierker, Egbert, Dierker, Hildegard & Grodal, Birgit.       
            Nonexistence of constrained efficient equilibria when       
            markets are incomplete.  15p.                               
     2000-6 Dierker, Egbert, Dierker, Hildegard & Grodal, Birgit.       
            Objectives of an imperfectly competitive firm: a surplus    
            approach.  23p.                                             
     2000-5 Smith, Valdemar, et al.  R & D and productivity in Danish   
            firms: some empirical evidence.  19p.                       
     2000-8 Wang, Liansheng.  A theory of unilateral trade policy.  29p.
     200010 Amir, Rabah & Stepanova, Anna.  Second mover advantage and  
            price leadership in Bertrand duopoly.  25p.                 



                                                           PAGE  10

     200011 Amir, Rabah & Grilo, Isabel.  Strategic complementarity     
            conditions in Bertrand oligopoly.  7p.                      
     200013 Agrell, Per J., Boggetoft, Peter & Tind, Jorgen.            
            Multi-period DEA incentive regulation in electricity        
            distribution.  16p.                                         
     200012 Bogetoft, Peter & Olesen, Henrik B.  Incentives, information
            systems and competition.  11p.                              
     2001-1 Hertzendorf, Mark N. & Overgaard, Per B.  Prices as signals 
            of quality in duopoly.  35p.                                
     2001-3 Mollgaard, H.Peter & Overgaard, Per B.  Market transparency 
            and competition policy.  36p.                               
     2001-2 Orzach, Ram, Overgaard, Per B. & Tauman, Yair.  Modest      
            advertising signals stength.  33p.                          
     2001-4 Schultz, Christian.  Transparency and tacit collusion.  27p.
     2001-5 Lambertini, Luca & Schultz, Christian.  Price or quantity in
            tacit collusion.  7p.                                       

     UNIVERSITY OF COPENHAGEN.  Institute of Economics.                 

     200019 Boom, Jan-Tjeerd & Svendsen, Gert T.  The political economy 
            of international emissions trading scheme choice: empirical 
            evidence.  52p.                                             
     200015 Cres, Herve & Tvede, Mich.  Ordering Pareto-optima through  
            majority voting.  34p.                                      
     200018 Grodal, Birgit & Vind, Karl.  Walras equilibrium with       
            coordination.  15p.                                         
     200013 Juselius, Katerina & MacDonald, Ronald.  Interest rate and  
            price linkages between the USA and Japan: evidence from the 
            post-Bretton Woods period.  38p.                            
     200010 Juselius, Katarina & MacDonald, Ronald.  International      
            parity relationships between Germany and the United States: 
            a joint modelling approach.  54p.                           
     200017 Roy, Jaideep & Serfes, Konstantinos.  Strategic choice of   
            contract length in agriculture.  35p.                       
     200016 Roy, Jaideep.  When aspiring and rational agents strive to  
            coordinate.  29p.                                           
     200014 Tvede, Mich & Jensen, Martin K.  Endogenous growth and      
            competitive markets.  13p.                                  
     200012 Wang, Liansheng.  Growth and North-South wage gap.  28p.    
     200011 Wang, Liansheng.  A theory of unilateral trade policy.  29p.
     200020 Hendry, David F. & Juselius, Katarina.  Explaining          
            cointegration analysis, part II.  33p.                      

     COWLES FOUNDATION FOR RESEARCH IN ECONOMICS AT YALE UNIVERSITY.    

     1285   Cantillon, Estelle & Rangel, Antonio.  A graphical analysis 
            of some basic results in social choice.  29p.               
     1280   Dubey, Pradeep & Haimanko, Ori.  Unilateral deviation with  
            perfect information.  14p.                                  
     1282   Nordhaus, William D.  Alternative methods for measuring     
            productivity growth.  16p.                                  
     1286   Nordhaus, William D.  New data and output concepts for      
            understanding productivity trends.  32p.                    
     1284   Nordhaus, William D.  Productivity growth and the new       
            economy.  42p.                                              



                                                           PAGE  11

     1283   Quintos, Carmela E., Fan, Zhenhong & Phillips, Peter C.B.   
            Structural change in tail behavior and the Asian financial  
            crisis.  38p.                                               
     1287   Barral, Julien & Mandelbrot, Benoit B.  Multifractal        
            products of cylindrical pulses.  34p.                       
     1288   Brown, Donald J. & Wegkamp, Marten H.  Weighted minimum     
            mean-square distance from independence estimation.  31p.    
     1291   Cantillon, Estelle.  Electoral rules and the emergence of   
            new issue dimensions.  37p.                                 
     1290   Kumar, Alok & Shubik, Martin.  A computational analysis of  
            the core of a trading economy with three competitive        
            equilibria and a finite number of .  24p.                   
     1289   Shubik, Martin.  The uses of teaching games in game theory  
            classes and some experimental games.  15p.                  
     1293   Andrews, Donald W.K. & Sun, Yixiao.  Local polynomial       
            Whittle estimation of long-range dependence.  34p.          
     1292   Bergemann, Dirk & Hege, Ulrich.  The financing of           
            innovation: learning and stopping.  41p.                    
     1295   Campbell, John Y. & Shiller, Robert J.  Valuation ratios and
            the long-run stock market outlook: an update.  31p.         
     1294   Dubra, Juan, Maccheroni, Fabio & Ok, Efe A.  Expected       
            utility theory without the completeness axiom.  12p.        
     1296   Dubra, Juan & Echenique, Federico.  Measurability is not    
            about information.  11p.                                    
     1297   Dubra, Juan & Echenique, Federico.  Monotone preferences    
            over information.  13p.                                     
     1298   Fair, Ray C..  Estimates of the effectiveness of monetary   
            policy.  31p.                                               
     1300   Fair, Ray.  Is there empirical support for the `modern' view
            of macroeconomics?.  24p.                                   
     1299   Rust, John & Hall, George.  Middle men versus market makers:
            a theory of competitive exchange.  48p.                     
     1302   Bergemann, Dirk & Valimaki, Juuso.  Entry and vertical      
            differentiation.  40p.                                      
     1304   Dubey, Pradeep, Geanakoplos, John & Shubik, Martin.  Default
            and punishment in general equilibrium.  46p.                
     1305   Dubey, Pradeep & Geanakoplos, John.  Signalling and default:
            Rothschild-Stiglitz reconsidered.  27p.                     
     1301   Tobin, James.  Fiscal policy: its macroeconomics in         
            perspective.  10p.                                          
     1307   Bernardo, Antonio E. & Welch, Ivo.  On the evolution of     
            overconfidence and entrepreneurs.  50p.                     
     1313   Geanakoplos, J.D. & Tsomocos, D.P.  International finance in
            general equilibrium.  49p.                                  
     1306   Hirshleifer, David & Welch, Ivo.  An economic approach to   
            the psychology of change: amnesia, inertia, and             
            impulsiveness.  43p.                                        
     1311   Jeffrey, Andrew, et al.  Nonparametric estimation of a      
            multifactor Heath-Harrow-Morton model: an integrated        
            approach.  47p.                                             
     1308   Lieberman, Offer & Phillips, Peter C.B.  Second order       
            expansions for the distribution of the maximum likelihood   
            estimator of the fractional difference param.  13p.         
     1312   Morris, Stephen & Shin, Hyun Song.  The CNBC effect: welfare
            effects of public information.  34p.                        



                                                           PAGE  12

     1310   Phillips, Peter C.B.  Regression with slowly varying        
            regressors.  45p.                                           
     1309   Yu, Jun & Phillips, Peter C.B.  Gaussian estimation of      
            continuous time models of the short term interest rate.     
            22p.                                                        
     1332   Bandi, Federico M. & Phillips, Peter C.B.  Fully            
            nonparametric estimation of scalar diffusion models.  47p.  
     1323   Bergemann, Dirk & Pesendorfer, Martin.  Information         
            structures in optimal auctions.  47p.                       
     1319   Blume, Larry & Easley, David.  If you're so smart, why      
            aren't you rich?  Belief selection in complete and          
            incomplete markets.  36p.                                   
     1315   Dubey, Pradeep & Geanakoplos, John.  Insurance contracts    
            designed by competitive pooling.  38p.                      
     1316   Geanakoplos, John.  Liquidity, default and crashes:         
            endogenous contracts in general equilibrium.  35p.          
     1314   Geanakoplos, John & Diamond, Peter.  Social security        
            investment in equities I: linear case.  28p.                
     1321   Hall, George J.  Exchange rates and casualties during the   
            First World War.  34p.                                      
     1320   Mandler, Michael.  Accessible Pareto-improvements: using    
            market information to reform inefficiencies.  37p.          
     1322   Mandler, Michael.  Compromises between cardinality and      
            ordinality in preference theory and social choice.  38p.    
     1324   Nordhaus, William D.  The progress of computing.  51p.      
     1330   Phillips, Peter C.B.  Bootstrapping spurious regression.    
            42p.                                                        
     1331   Phillips, Peter C.B., Park, Joon Y. & Chang, Yoosoon.       
            Nonlinear instrumental variable estimation of an            
            autoregression.  28p.                                       
     1281r  Roemer, John E.  Does democracy engender equality?.  47p.   
     1328   Roemer, John E.  Egalitarianism against the veil of         
            ignorance.  27p.                                            
     1327   Roemer, John E.  Value and politics.  30p.                  
     1326   Roemer, John E. & Veneziani, Roberto.  What we owe our      
            children, they their children....  41p.                     
     1318   Sun, Ning & Yang, Zaifu.  Perfectly fair allocations with   
            indivisibilities.  17p.                                     
     1325   Welch, Ivo.  The equity premium consensus forecast          
            revisited.  14p.                                            
     1329   Xiao, Zhijie & Phillips, Peter C.B.  A CUSUM test for       
            cointegration using regression residuals.  21p.             
     1317   Yang, Zaifu.  A practical competitive market model for      
            indivisible commodities.  9p.                               
     1334   Andrews, Donald W.K.  Higher-order improvements of the      
            parametric bootstrap for Markov processes.  49p.            
     1337   Berry, Steven, Levinsohn, James & Pakes, Ariel.             
            Differential products demand systems from a combination of  
            micro and macro data: the new car market.  33p.             
     1335   Case, Karl E., Quigley, John M. & Shiller, Robert J.        
            Comparing wealth effects: the stock market versus the       
            housing market.  24p.                                       
     1333   Karatzas, Ioannis, et al.  Inflationary bias in a simple    
            stochastic economy.  25p.                                   




                                                           PAGE  13

     1336   Morris, Stephen, Frankel, David M. & Pauzner, Ady.          
            Equilibrium selection in global games with strategic        
            complementarities.  62p.                                    
     1338   Welch, Ivo & Bris, Arturo.  The optimal concentration of    
            creditors.  42p.                                            

     UNIVERSITY OF ESSEX.  Department of Economics.                     

     523    Donati, Paola.  Indeterminacy in sequential financial market
            economies when prices reveal information.  21p.             
     524    Donati, Paola.  Real effect of money when prices reveal     
            information.  24p.                                          
     525    Donati, Paola.  What can monetary policy actually do?: an   
            example of robust observation under model uncertainty.  46p.
     526    Kemp, Gordon C.R.  Invariance and the Wald test.  13p.      
     522    Markose, Sheri & Er, Hakan.  The Black (1976) effect and    
            cross market arbitrage in FTSE-100 index futures and        
            options.  33p.                                              
     519    Mutuswami, Suresh.  Strategy proof cost sharing of multiple 
            excludable public goods.  21p.                              
     520    Mutuswami, Suresh.  Strategy proof mechanisms for cost      
            sharing.  23p.                                              
     521    Mutuswami, Suresh & Winter, Eyal.  Subscription mechanisms  
            for public goods: the general case.  16p.                   
     527    Richmond, J.  Separability and specification tests.  27p.   
     516    Takii, Katsuya.  A barrier to the diffusion of tacit        
            knowledge.  26p.                                            
     518    Takii, Katsuya.  Prediction ability and investment under    
            uncertainty.  30p.                                          
     517    Takii, Katsuya.  Risk and prediction ability.  32p.         

     THE MAURICE FALK INSTITUTE FOR ECONOMIC RESEARCH IN ISRAEL.        

     200012 Lach, Saul.  Do R & D subsidies stimulate or displace       
            private R & D?: evidence from Israel.  36p.                 
     200014 Lach, Saul.  Existence and persistence of price dispersion: 
            an empirical analysis.  25p.                                
     200015 Paserman, M. Daniele & Della Vigna, Stefano.  Job search and
            hyperbolic discounting.  59p.                               
     2001-1 Genesove, David & Mayer, Christopher.  Loss aversion and    
            seller behavior: evidence from the housing market.  37p.    

     FEDERAL RESERVE BANK OF ATLANTA.  Research Department.             

     200027 Del Negro, Marco.  Asymmetric shocks among U.S. states.     
            44p.                                                        
     200026 Del Negro, Marco & Obiols-Homs, Francesc.  Has monetary     
            policy been so bad that it is better to get rid of it?  The 
            case of Mexico.  39p.                                       
     200024 Evanoff, Douglas D. & Wall, Larry D.  Subordinated debt and 
            bank capital reform.  76p.                                  
     200023 Koch, Timothy W. & Wall, Larry D.  The use of accruals to   
            manage reported earnings: theory and evidence.  33p.        
     200028 Laing, Derek, Li, Victor E. & Wang, Ping.  Inflation, trade 
            frictions, and productive activity in a multiple-matching   
            model of money.  40p.                                       


                                                           PAGE  14

     200025 Wall, Larry D. & Shrikhande, Milind M.  Managing the risk of
            loans with basis risk: sell, hedge, or do nothing?.  43p.   
     2001-2 Ginther, Donna K.  Does science discriminate against women?:
            evidence from academia, 1973-97.  64p.                      
     2001-1 Orrenius, Pia M. & Zavodny, Madeline.  Self-selection among 
            undocumented immigrants from Mexico.  36p.                  
     2001-5 Ackert, Lucy F., Church, Bryan K. & Gillette, Ann B.        
            Immediate disclosure or secrecy?  The release of information
            in experimental asset markets.  25p.                        
     2001-9 Akhavein, Jalal, Frame, W. Scott & White, Lawrence J.  The  
            diffusion of financial innovations: an examination of the   
            adoption of small business credit scoring by large ba.  26p.
     2001-4 Black, Harold, Boehm, Thomas P. & De Gennaro, Ramon P.  Is  
            there discrimination in mortage pricing?  The case of       
            overages.  40p.                                             
     2001-8 Cyree, Ken B. & De Gennaro, Ramon P.  A generalized method  
            for detecting abnormal returns and changes in systematic    
            risk.  31p.                                                 
     2001-6 Frame, W. Scott, Padhi, Michael & Woosley, Lynn.  The effect
            of credit sorting on small business lending in low- and     
            moderate income areas.  24p.                                
     200110 Frame, W. Scott, Karels, Gordon V. & McClatchey, Christine. 
            The effect of the common bond and membership expansion on   
            credit union risk.  31p.                                    
     2001-7 Ginther, Donna K. & Hayes, Kath J.  Gender differences in   
            salary and promotion for faculty in the humanities, 1977 -  
            1995.  67p.                                                 
     200111 Evanoff, Douglas D. & Wall, Larry D.  Sub-debt yield spreads
            as bank risk measures.  37p.                                
     200112 Ginther, Donna K. & Juhn, Chinhui.  Employment of women and 
            demand-side forces.  26p.                                   
     200115 Del Guercio, Diane & Tkac, Paula A.  Star power: the effect 
            of Morningstar ratings on mutual fund flows.  47p.          
     200113 Dwyer, Gerald P. & Hafer, R.W.  Bank failures in banking    
            panics: risky banks or road kill?.  33p.                    
     200114 Rodriguez, Daniel & Zavodny, Madeline.  Family structure and
            sex difference in post-displacement outcomes.  28p.         
     200116 Jeske, Karsten.  Private international debt with risk of    
            repudiation.  41p.                                          
     200124 Balduzzi, Pierluigi & Robotti, Cesare.  Minimum-variance    
            kernels, economic risk premia, and tests of multi-beta      
            models.  43p.                                               
     200120 Espinosa-Vega, Marco & Russell, Steven.  Stability of steady
            states in a model of pleasant monetarist arithmetic.  24p.  
     200123 Fernandez-Villaverde, Jesus & Rubio-Ramirez, Juan F.        
            Comparing dynamic equilibrium economies to data.  30p.      
     200117 Fisher, Lance A., Huh, Hyeon-seung & Tallman, Ellis W.      
            Permanent income and transitory variation in investment and 
            output.  29p.                                               
     200118 Kahn, Charles M. & Roberds, William.  Finality and debt     
            settlement.  41p.                                           
     200121 Kamstra, Mark.  Rational exuberance: the fundamentals of    
            pricing firms, from blue chips to "dot com".  27p.          
     200119 Orrenius, Pia M. & Zavodny, Madeline.  Do amnesty programs  
            encourage illegal immigration?  Evidence from the           
            Immigration Reform and Control Act (IRCA).  21p.            


                                                           PAGE  15

     200122 Rabanal, Pau & Rubio-Ramirez, Juan F.  Nominal versus real  
            wage rigidities: a Bayesian approach.  47p.                 

     FEDERAL RESERVE BANK OF CHICAGO.  Research Department.             

     200011 Basu, Susanto & Fernald, John.  Why is productivity         
            procyclical?  Why do we care?.  86p.                        
     200013 Fernald, John & Rogers, John H.  Puzzles in the Chinese     
            stock market.  34p.                                         
     200015 Campbell, Jeffrey R. & Fisher, Jonas D.M.  Idiosyncratic    
            risk and aggregate employment dynamics.  55p.               
     200022 Ackert, Lucy F. & Hunter, William C.  An empirical          
            examination of the price-dividend realtion with dividend    
            management.  29p.                                           
     200021 Elliott, Robert J., Hunter, William C. & Jamieson, Barbara  
            M.  Financial signal processing: a self calibrating model.  
            26p.                                                        
     200020 MacDonald, James M. & Aaronson, Daniel.  How do retail      
            prices react to minimum wage increases?.  40p.              
     200028 Aaronson, Daniel, et al.  Supplier relationships and small  
            business use of trade credit.  39p.                         
     200027 Aaronson, Daniel & Sullivan, Daniel.  Recent evidence on the
            relationship between unemployment and wage growth.  25p.    
     200025 Baxter, Marianne & Kouparitsas, Michael A.  What can account
            for fluctuations in the terms of trade?.  39p.              
     200031 Brewer, Elijah, Jackson, William E. & Jagtiani, Julapa A.   
            Impact of independent directors and the regulatory          
            environment on bank merger prices: evidence from takeover   
            activi.  25p.                                               
     200026 Croushore, Dean & Evans, Charles L.  Data revisions and the 
            identification of monetary policy shocks.  31p.             
     200023 Lusardi, Annamaria, Cossa, Richard & Krupka, Erin L.        
            Savings of young parents.  45p.                             
     200029 Veracierto, Marcelo.  What are the short-run effects of     
            increasing labor market flexibility?.  46p.                 
     200030 Wang, Cheng & Zhou, Ruilin.  Equilibrium lending mechanism  
            and aggregate activity.  37p.                               
     2001-2 Burnside, Craig, Eichenbaum, Martin & Rebelo, Sergio.  On   
            the fiscal implications of twin crises.  38p.               
     2001-4 Basu, Susanto, Fernald, John G. & Shapiro, Matthew D.       
            Productivity growth in the 1990s: technology, utilization,  
            or adjustment?.  59p.                                       
     2001-8 Christiano, Lawrence J., Eichenbaum, Martin & Evans, Charles
            L.  Nominal rigidities and the dynamic effects of a shock to
            monetary policy.  47p.                                      

     FEDERAL RESERVE BANK OF CLEVELAND.  Research Department.           

     2      Humpage, Owen F.  International financial flows and the     
            current business expansion.  14p.                           

     FEDERAL RESERVE BANK OF DALLAS.  Research Department.              

     2000-6 Dolmas, James F. & Huffman, Gregory H.  The dynamics of     
            immigration policy with wealth-heterogeneous immigrants.    
            23p.                                                        


                                                           PAGE  16

     2000-5 Orrenius, Pia & Zavodny, Madeline.  Self-selection among    
            undocumented immigrants from Mexico.  35p.                  
     1/2001 Keonig, Evan F.  What goes down must come up: understanding 
            time-variation in the NAIRU.  59p.                          
     2001-2 Brown, Stephen P.A. & Yucel, Mine K.  Energy prices and     
            aggregate economic activity: an interpretative survey.  28p.
     2001-3 Orrenius, Pia M. & Zavodny, Madeline.  Do amnesty programs  
            encourage illegal immigration?  Evidence from the           
            Immigration Reform and Control Act (IRCA).  21p.            

     FEDERAL RESERVE BANK OF KANSAS CITY.  Research Division.           

     2000-1 Rappaport, Jordan.  How does openness to capital flows      
            affect growth?.  37p.                                       
     200010 Rappaport, Jordan.  Is the speed of convergence constant?.  
            44p.                                                        

     FEDERAL RESERVE BANK OF MINNEAPOLIS.  Research Department.         

     283    Phelan, Christopher.  Public trust and government betrayal. 
            21p.                                                        
     284    Bergoeing, Raphael & Kehoe, Timothy J.  Trade theory and    
            trade facts.  42p.                                          
     287    Cole, Harold L. & Kocherlakota, Narayana R.  Finite memory  
            and imperfect monitoring.  20p.                             
     289    Cooper, Russell & Corbae, Dean.  Financial collapse and     
            active monetary policy: a lesson from the Great Depression. 
            44p.                                                        
     288    Kocherlakota, Narayana R.  Building blocks for barriers to  
            riches.  25p.                                               
     285    Ohanian, Lee E.  Why did productivity fall so much during   
            the Great Depression?.  11p.                                
     286    Schmitz, James A.  What determines labor productivity?      
            Lessons from the dramatic recovery of the U.S. and Canadian 
            iron-ore industrie.  59p.                                   
     291    Atkeson, Andrew & Kehoe, Patrick J.  Measuring organization 
            capital.  35p.                                              
     290    Mitchell, Matthew F.  Specialization and the skill premium  
            in the 20th century.  35p.                                  
     292    Bergoeing, Raphael, et al.  A decade lost and found: Mexico 
            and Chile in the 1980s.  52p.                               
     293    Golosov, Mikhail, Kocherlakota, Narayana & Tsyvinski, Aleh. 
            Optimal indirect and capital taxation.  43p.                
     294    McGrattan, Ellen R. & Prescott, Edward C.  The stock market 
            crash of 1929: Irving Fisher was right!.  37p.              
     295    Cole, Harold L. & Ohanian, Lee E.  The great U.K.           
            depression: a puzzle and possible resolution.  49p.         
     297    Atkeson, Andrew & Kehoe, Patrick J.  The advantage of       
            transparent instruments of monetary policy.  39p.           
     296    Atkeson, Andrew & Kehoe, Patrick J.  The transition to a new
            economy after the Second Industrial Revolution.  58p.       

     FED RESERVE BANK OF MPLS-UNIV OF MINN.  Inst. for Empirical Macro. 

     137    Caplin, Andrew & Leahy, John.  The social discount rate.    
            30p.                                                        


                                                           PAGE  17

     138    Caucutt, Elizabeth M., Imrohoroglu, Selahattin & Kumar,     
            Krishna B.  Does the progressivity of taxes matter for      
            economic growth?.  46p.                                     
     139    Walde, Klaus.  Capital accumulation in a model of growth and
            creative destruction.  19p.                                 

     FEDERAL RESERVE BANK OF PHILADELPHIA.  Economic Research Division. 

     200013 Nakamura, Leonard I.  Education and training in an era of   
            creative destruction.  32p.                                 
     2001-1 Abel, Andrew B.  An exploration of the effects of pessimism 
            and doubt on asset returns.  28p.                           
     2001-2 Abel, Andrew B.  Will bequests attenuate the predicted      
            meltdown in stock prices when baby boomers retire?.  16p.   
     2001-3 Mester, Loretta J., Nakamura, Leonard I. & Renault,         
            Micheline.  Checking accounts and bank monitoring.  36p.    
     2001-4 Carlino, Gerald & Chatterjee, Satyajit.  Employment         
            deconcentration: a new perspective on America's postwar     
            urban evolution.  33p.                                      
     2001-6 Berger, Allen N. & Mester, Loretta J.  Explaining the       
            dramatic changes in performance of U.S. banks: technological
            change, deregulation, and dynamic chang.  41p.              
     2001-5 Khan, Aubhik, King, Robert G. & Wolman, Alexander I.        
            Optimal monetary policy.  55p.                              
     2001-7 Nakamura, Leonard & Zarazaga, Carlos E.J.M.  Banking and    
            finance in Argentina in the period 1900-35.  47p.           
     200112 Ball, Laurence & Croushore, Dean.  Expectations and the     
            effects of monetary policy.  28p.                           
     2001-8 Crone, Theodore M., Nakamura, Leonard I. & Voith, Richard.  
            Measuring American rents: a revisionist history.  44p.      
     200111 Dedola, Luca & Leduc, Sylvain.  A quantitative welfare      
            analysis of the trade-off between the current regime and    
            macroeconomic stabilization.  34p.                          
     2001-9 Leduc, Sylvain & Sill, Keith.  A quantitative analysis of   
            oil-price shocks, systematic monetary policy, and economic  
            downturns.  35p.                                            
     200110 Stark, Tom & Croushore, Dean.  Forecasting with a real-time 
            data set for macroeconomists.  46p.                         
     200114 Carlino, Gerald A., Chatterjee, Satyajit & Hunt, Robert.    
            Knowledge spillovers and the new economy of cities.  25p.   
     200113 Hunt, Robert M.  Patentability, industry structure, and     
            innovation.  36p.                                           
     200115 Nakamura, Leonard I.  What is the U.S. gross investment in  
            intangibles?  (At least) one trillion dollars a year!.  41p.

     FEDERAL RESERVE BOARD.  Finance & Economics Discussion Series.     

     200050 Bomfin, Antulio N.  Pre-announcement effects, news, and     
            volatility: monetary policy and the stock market.  32p.     
     200051 Clouse, James, et al.  Monetary policy when the nominal     
            short-term interest rate is zero.  80p.                     
     200052 Dynan, Karen E., Skinner, Jonathan & Zeldes, Stephen P.  Do 
            the rich save more?.  49p.                                  
     200053 O'Brien, James M.  Estimating the value and interest rate   
            risk of interest-bearing transactions deposits.  44p.       



                                                           PAGE  18

     2001-3 Berger, Allen N. & DeYoung, Robert.  The effects of         
            geographic expansion on bank efficiency.  42p.              
     200111 Bomfin, Antulio N.  Optimal portfolio allocation in a world 
            without Treasury securities.  25p.                          
     2001-9 Davis, Morris A. & Palumbo, Michael G.  A primer on the     
            economics and time series econometrics of wealth effects.   
            62p.                                                        
     200110 Demiralp, Selva & Jorda, Oscar.  The Pavlovian response of  
            term rates to Fed announcements.  36p.                      
     2001-7 Gilchrist, Simon & Williams, John C.  Transition dynamics in
            vintage capital models: explaining the postwar catch-up of  
            Germany and Japan.  28p.                                    
     2001-1 Meyer, Laurence H., Swanson, Eric T. & Wieland, Volker W.   
            NAIRU uncertainty and nonlinear policy rules.  14p.         
     2001-8 Roberts, John M.  Estimates of the productivity trend using 
            time-varying parameter techniques.  32p.                    
     2001-5 Sakellaris, Plutarchos.  Patterns of plant adjustment.  46p.
     2001-6 Sakellaris, Plutarchos.  Production function estimation with
            industry capacity data.  16p.                               
     2001-2 von zur Muehlen, Peter.  Activist vs. non-activist monetary 
            policy: optimal rules under extreme uncertainty ( a primer  
            on robust control).  28p.                                   
     2001-4 Whelen, Karl.  Balanced growth revisited: a two-sector model
            of economic growth.  32p.                                   
     200113 Roberts, John M.  How well does the new Keynesian           
            sticky-price model fit the data?.  42p.                     
     200112 von zur Muehlen, Peter.  The effect of past and future      
            economic fundamentals on spending and pricing behavior in   
            the FRB/US macroeconomic mo.  20p.                          
     200119 Aaronson, Stephanie.  Looking ahead: young men, wage growth,
            and labor market participation.  46p.                       
     200116 Amel, Dean F. & Starr-McCluer, Martha.  Market definition in
            banking: recent evidence.  26p.                             
     200115 Bakshi, Gurdip, Madan, Dilip & Zhang, Frank.  Investigating 
            the sources of default risk: lessons from empirically       
            evaluating credit risk models.  52p.                        
     200123 Dynan, Karen E. & Maki, Dean M.  Does stock market wealth   
            matter for consumption?.  43p.                              
     200118 Fallick, Bruce C. & Fleischman, Charles A.  The importance  
            of employer-to-employer flows in the U.S. labor market.     
            42p.                                                        
     200117 Gibson, Michael S.  Incorporating event risk into           
            value-at-risk.  34p.                                        
     200122 Hancock, Diana & Kwast, Myron L.  Using subordinated debt to
            monitor bank holding companies: is it feasible?.  50p.      
     200124 Lange, Joe, Sack, Brian & Whitesell, William.  Anticipations
            of monetary policy in financial markets.  36p.              
     200121 Maki, Dean M. & Palumbo, Michael G.  Disentangling the      
            wealth effect: a cohort analysis of household saving in the 
            1990s.  38p.                                                
     2001-4 Rigobon, Roberto & Sack, Brian.  Measuring the reaction of  
            monetary policy to the stock market.  30p.                  
     200120 Sakellaris, Plutarchos & Wilson, Daniel J.  The             
            production-side approach to estimating embodied technical   
            change.  62p.                                               



                                                           PAGE  19

     200129 Eudey, Gwen & Molico, Miguel.  Production synergies,        
            technology adoption, unemployment, and wages.  20p.         
     200125 Fleischman, Charles A. & Gallin, Joshua.  Employment        
            persistence.  31p.                                          
     200126 Passmore, Wayne, Sparks, Roger & Ingpen, Jamie.  GSEs,      
            mortgage rates, and the long-run effects of mortgage        
            securitization.  32p.                                       
     200127 Pritsker, Matthew.  The hidden dangers of historical        
            simulation.  61p.                                           
     200130 Rudd, Jeremy & Whelan, Karl.  New test of the New-Keynesian 
            Phillips curve.  30p.                                       
     200128 Zhou, Hao.  Jump-diffusion term structure and Ito           
            conditional moment generator.  34p.                         
     200134 Berger, Allen N., Klapper, Leora F. & Udell, Gregory F.  The
            ability of banks to lend to informationally opaque small    
            businesses.  46p.                                           
     200135 Berger, Allen N., Goldberg, Lawrence G. & White, Lawrence J.
             The effects of dynamic changes in bank competition on the  
            supply of small business credit.  29p.                      
     200136 Berger, Allen N. & Udell, Gregory F.  Small business credit 
            availability and relationship lending: the importance of    
            bank organizational structure.  34p.                        
     200131 Berkowitz, Jeremy & O'Brien, James.  How accurate are       
            value-at-risk models at commercial banks?.  27p.            
     200133 De Nicolo, Gianni & Kwast, Myron L.  Systemic risk and      
            financial consolidation: are they related?.  27p.           
     200132 Sharpe, Steven A.  Reexamining stock valuation and          
            inflation: the implications of analysts' earnings forecasts.
             38p.                                                       
     200137 Bakshi, Gurdip, Madan, Dilip & Zhang, Frank.  Recovery in   
            default risk modelling: theoretical foundations and         
            empirical applications.  37p.                               
     200140 Cummins, Jason G. & Nyman, Ingmar.  Optimal investment with 
            fixed refinancing costs.  31p.                              
     200138 Hannan, Timothy H., et al.  To surcharge or not to          
            surcharge: an empirical investigation of ATM pricing.  32p. 
     200139 Levin, Andrew, Wieland, Volker & Williams, John C.  The     
            performance of forecast-based monetary policy rules under   
            model uncertainty.  44p.                                    
     200146 Bansal, Ravi & Zhou, Hao.  Term structure of interest rates 
            with regime shifts.  57p.                                   
     200149 Bollerslev, Tim & Zhou, Hao.  Estimating stochastic         
            volatility using conditional moments of integrated          
            volatility.  44p.                                           
     200153 Bomfin, Antulio N.  Measuring equilibrium real interest     
            rates: what can we learn from yields on indexed bonds?.     
            25p.                                                        
     200150 Bomfin, Antulio N.  Understanding credit derivatives and    
            their potential to synthesize riskless assets.  30p.        
     200151 Carlson, Mark.  Are branch banks better survivors?  Evidence
            from the Depression Era.  38p.                              
     200154 Coenen, Gunter, Levin, Andrew & Wieland, Volker.  Data      
            uncertainty and the role of money as an information variable
            for monetary policy.  58p.                                  




                                                           PAGE  20

     200142 Durham, J. Benson.  The effect of monetary policy on monthly
            and quarterly stock market returns: cross-country evidence  
            and sensitivity.  41p.                                      
     200147 Durham, J. Benson.  Sacrifice ratios and monetary policy    
            credibility: do smaller budget deficits, inflation-indexed  
            debt, and inflation.  61p.                                  
     200152 Dynan, Karen E. & Elmendorf, Douglas.  Do provincial        
            estimates of output miss economic turning points?.  51p.    
     200145 Erceg, Christopher J & Levin, Andrew T.  Imperfect          
            credibility and inflation persistence.  32p.                
     200144 French, Mark W.  Estimating changes in trend growth of total
            factor productivity: Kalman and H-P filters versus a        
            Markov-switching f.  38p.                                   
     200143 Hannan, Timothy H. & Prager, Robin A.  The competitive      
            implications of multimarket bank branching.  33p.           
     200141 Kiley, Michael T.  An analytical approach to the welfare    
            cost of business cycles and the benefit from activist       
            monetary policy.  30p.                                      

     FEDERAL RESERVE BOARD.  International Finance Papers.              

     691    Ahearne, Alan G., Griever, William L. & Warnock, Francis E. 
            Information costs and home bias: an analysis of U.S.        
            holdings of foreign equities.  44p.                         
     689    DeNicolo, Gianni.  Size, charter value and risk in banking: 
            an international perspective.  42p.                         
     687    Ericsson, Neil R., Irons, John S. & Tryon, Ralph W.  Output 
            and inflation in the long run.  22p.                        
     690    Faust, Jon, Rogers, John H. & Wright, Jonathan H.  News and 
            noise in G-7 GDP announcements.  22p.                       
     692    Freund, Carolina L.  Current account adjustment in          
            industralized countries.  31p.                              
     688    Warnock, Francis E. & Mason, Molly.  The geography of       
            capital flows: what we can learn from benchmark surveys of  
            foreign equity holdings.  27p.                              
     693    Freund, Caroline L. & Weinhold, Diana.  On the effects of   
            the internet on international trade.  42p.                  
     697    Ericsson, Neil R.  Forecast uncertainty in economic         
            modeling.  23p.                                             
     695    Ericsson, Neil R.  Predictable uncertainty in economic      
            forecasting.  28p.                                          
     700    Ericsson, Neil R., Maasoumi, Esfandiar & Mizon, Grayham E.  
            A retrospective on J. Denis Sargan and his contributions to 
            econometrics.  25p.                                         
     694    Gramlich, Edward M. & Wood, Paul R.  Fiscal federalism and  
            European integration: implications for fiscal and monetary  
            policies.  24p.                                             
     696    Kim, Jinill, Kim, Sunghyun Henry & Levin, Andrew.  Patience,
            persistence and welfare costs of incomplete markets in open 
            economies.  28p.                                            
     698    Rogers, John H. & Smith, Hayden P.  Border effects within   
            the NAFTA countries.  36p.                                  
     699    Rogers, John H.  Price level convergences, relative prices, 
            and inflation in Europe.  36p.                              




                                                           PAGE  21

     701    Haltmaier, Jane.  The use of cyclical indicators in         
            estimating the output gap in Japan.  28p.                   
     703    Kim, Chang-Jin, Piger, Jeremy & Startz, Richard.  Permanent 
            and transitory components of business cycles: their relative
            importance and dynamic relationship.  43p.                  
     702    Warnock, Francis E.  Home bias and high turnover            
            reconsidered.  15p.                                         
     704    Gagnon, Joseph E. & Ihrig, Jane.  Monetary policy and       
            exchange rate pass-through.  33p.                           
     708    Edison, Hali J. & Warnock, Francis E.  A simple measure of  
            the intensity of capital controls.  31p.                    
     705    Faust, Jon, Rogers, John H. & Wright, Jonathan H.  An       
            empirical comparison of Bundesbank and ECB monetary policy  
            rules.  23p.                                                
     709    Ihrig, Jane.  Exchange-rate exposure of multinationals:     
            focusing on exchange-rate issues.  20p.                     
     707    Kim, Chang-Jin, Nelson, Charles & Piger, Jeremy.  The less  
            volatile U.S. economy: a Bayesian investigation of timing,  
            breadth, and potential explanations.  46p.                  
     710    Schindler, John W.  Testing optimality in job search models.
             38p.                                                       
     706    Weinberg, Steven A.  Interpreting the volatility smile: an  
            examination of the information content of option prices.    
            43p.                                                        
     711    Kamin, Steven B., Schindler, John W. & Samuel, Shawna L.    
            The contribution of domestic and external factors to        
            emerging market devaluation crises: an early warning systems
            a.  54p.                                                    
     712    Roush, Jennifer E.  Evidence uncovered: long-term interest  
            rates, monetary policy, and the expectations theory.  49p.  
     713    Berger, Brett D.  Convergence in neoclassical vintage       
            capital growth models.  51p.                                

     FEDERAL TRADE COMMISSION.  Bureau of Economics.                    

     235    Wickelgren, Abraham L.  The effect of exit on entry         
            deterrence strategies.  37p.                                
     236    Yun, John M.  Publicity and the optimal punitive damage     
            multiplier.  29p.                                           
     237    Simpson, John.  Geographic markets in hospital mergers: a   
            case study.  25p.                                           
     238    Reiffen, David.  Targeted consumer information and prices:  
            the private and social gains to matching consumers with     
            products.  32p.                                             
     240    Taylor, Christopher T.  The economic effects of withdrawn   
            antidumping investigations: is there evidence of collusive  
            settlements?.  28p.                                         
     239    Wickelgren, Abraham L.  Moral hazard, mergers, and market   
            power.  31p.                                                
     241    Simpson, John & Wickelgren, Abraham L.  The use of exclusive
            contracts to deter entry.  25p.                             
     242    Thomas, Charles J.  Collusion and optimal reserve prices in 
            repeated procurement auctions.  32p.                        
     243    Pautler, Paul A.  Evidence on mergers and acquisitions.     
            80p.                                                        



                                                           PAGE  22


     HEBREW UNIV. Center for Rationality & Interactive Decision Theory. 

     229    Bar-Hilell, Maya.  Subjective probability judgements.  12p. 
     233    Blarer, Albert, Keaser, Tamar & Shmida, Avi.  Possible      
            mechanisms for the formation of flower size preferences by  
            foraging bumblebees.  18p.                                  
     232    Peleg, Bezalel & Winter, Eyal.  Constitutional              
            implementation.  22p.                                       
     230    Seshadri, Sridhar & Shapira, Zur.  Managerial allocation of 
            time and effort.  35p.                                      
     227    Shapira, Zur.  Aspiration levels and risk taking by         
            goverment bond traders.  41p.                               
     228    Simon, Robert S.  The common prior assumption in belief     
            spaces: an example.  23p.                                   
     231    Sudholter, Peter & Peleg, Bezalel.  The positive prekernel  
            of a cooperative game.  18p.                                
     238    Abbink, Klaus, et al.  The fisherman's problem: exploring   
            the tension between cooperative and non coopreative concepts
            in a simple game.  21p.                                     
     236    Assaf, David, Goldstein, Larry & Samuel-Cahn, Ester.  Ratio 
            prophet inequalities when the mortal has several choices.   
            14p.                                                        
     235    Falk, Ruma & Samuel-Cahn, Ester.  Lewis Carroll's obtuse    
            problem.  10p.                                              
     234    Hart, Sergiu.  Values of perfectly competitive economies.   
            21p.                                                        
     239    Neeman, Zvika & Vulkan, Nir.  Markets versus negotiations:  
            the emergence of centralized markets.  25p.                 
     237    Venezia, Itzhak, Galai, Dan & Shapira, Zur.  Exclusive vs.  
            independent agents: a separating equilibrium approach.  23p.
     260    Aumann, Robert J.  The rationale for measurability.  4p.    
     257    Hon-Snir, Shlomit.  Utility equivalence in auctions.  17p.  
     259    Neyman, Abraham & Sorin, Sylvain.  Zero-sum two-person      
            repeated games with public uncertain duration process.  26p.
     256    Peleg, Bezalel & Sudholter, Peter.  The dummy paradox of the
            bargaining set.  4p.                                        
     258    Peleg, Bezalel, Peters, Hans & Storcken, Ton.  Nash         
            consistent representation of constitutions: a reaction to   
            the Gibbard paradox.  29p.                                  

     HEBREW UNIVERSITY.  Department of Economics.                       

     11     Cardak, Buly A.  Education vouchers, growth and income      
            inequality.  55p.                                           

     HITOTSUBASHI UNIVERSITY.  Institute for Economic Research.         

     395    Cha, Myung Soo.  Did Korekiyo Takahashi rescue Japan from   
            the Great Depression?.  28p.                                
     394    Fukao, Kyoji & Ito, Keiko.  Foreign direct investment and   
            service trade: the case of Japan.  55p.                     
     399    Kim, Jaehong.  Incentive monopoly regulation with entry.    
            19p.                                                        




                                                           PAGE  23

     398    Kim, Jaehong.  Limit pricing through entry regulation.  18p.
     396    Yoshihara, Naoki.  Characterizations of bargaining solutions
            in production economies with unequal skills.  31p.          
     397    Yoshihara, Naoki.  On efficient and procedurally-fair       
            equilibrium allocations in sharing games.  21p.             
     405    Amsden, Alice H. & Suzumura, Kotaro.  An interview with     
            Miyohei Shinohara: non-conformism in Japanese economic      
            thought.  25p.                                              
     408    Cha, Myung Soo.  The origins of the Japanese banking panic  
            of 1927.  46p.                                              
     401    Kim, Iljoong & Kim, Jaehong.  Lawsuit as a signaling game   
            under asymmetric information: a continuum types model.  24p.
     400    Kim, Iljoong & Kim, Jaehong.  Litigation selection as a     
            signal under asymmetric information: a two-type model with  
            alternating bargaining offers.  20p.                        
     402    Kim, Jaehong.  Excess entry, entry regulation, and entrant's
            incentive.  19p.                                            
     404    Kim, Jaehong.  Incumbent's incentive under network          
            externalities.  23p.                                        
     403    Kim, Jaehong.  Signaling rather than incentive mechanism for
            entry regulation.  15p.                                     
     407    Kiyokawa, Yukihiko.  An analysis of labor quality in the    
            unorganized sector: does the "strong religion" disturb labor
            management?.  33p.                                          
     406    Kurosaki, Takashi.  Specialization and diversification in   
            agricultural transformation: the case of rural Punjab, c.   
            1900-1995.  44p.                                            
     409    Yoshihara, Naoki.  Solidarity and the Nash bargaining       
            solution.  14p.                                             
     413    Islamov, Bakhtior.  Central Asia: problems of external debt 
            and its sustainability.  37p.                               
     414    Narayanan, K.  Liberalisation and the differential conduct  
            and performance of firms: a study of the Indian automobile  
            sector.  32p.                                               
     412    Rollings, Neil.  Modernisation by consensus: the impact of  
            the policy process on British economic policy 1945-64.  20p.

     UNIVERSITY OF ICELAND.  Faculty of Economics & Business Admin.     

     200017 Booth, Alison L. & Zoega, Gylfi.  Why do firms invest in    
            general training?  `Good' firms and `bad' firms as a source 
            of monopsony power.  32p.                                   
     2000-6 Buiter, Willem H.  Is Iceland an optimal currency area?.    
            26p.                                                        
     200010 Gylfason, Thorvaldur.  Natural resources, education and     
            economic development.  10p.                                 
     200012 Matthiasson, Thorolfur.  Changing rules for regulation of   
            Icelandic fisheries.  31p.                                  
     200011 Tomasson, Helgi.  Signal-noise decomposition in financial   
            markets: an empirical stochastic process analysis for       
            infrequent trading.  97p.                                   
     2000-9 Gylfason, Thorvaldur.  Fix or flex?: alternative exchange   
            rate regimes in an era of global capital mobility.  27p.    
     2000-8 Hochreiter, Eduard.  Exchange rate regimes and capital      
            mobility: issues and some lessons from Central and Eastern  
            European applicant cou.  24p.                               


                                                           PAGE  24

     200013 Tumusiime-Mutebile, E.  Economic reforms and their impact in
            Uganda.  18p.                                               

     INSTITUT NATIONAL DE LA STATISTIQUE ET DES ETUDES ECONOMIQUES.     

     200039 Cardot, Herve, et al.  Testing hypotheses in the functional 
            linear model.  16p.                                         
     200034 Carrasco, Marine.  Chi-square tests when a nuissance        
            parameter is present only under the alternative.  37p.      
     200033 Carrasco, Marine & Florens, J.P.  Efficient GMM estimation  
            using the empirical characteristic function.  34p.          
     200036 Druilhet, Pierre & Bailey, R.A.  Optimality of              
            neighbour-balanced designs for total effects.  11p.         
     200036 Lardjane, Salim.  Quantifying sensitivity to initial        
            conditions for one-dimensional dynamical systems.  16p.     
     200037 Linnemer, Laurent.  Quality signaling of a durable          
            experience good in the presence of informed consumers.  17p.
     200038 Mas, Andre.  Weak convergence for the covariance operators  
            of a Hilbertian linear process.  20p.                       
     200040 Darolles, S. & Serot, I.  Empirical local time for processes
            observed on a grid.  19p.                                   
     200041 Jullien, B., Salanie, B. & Salanie, F.  Screening           
            risk-averse agents under moral hazard.  30p.                
     200042 Linnemer, L.  When backward integration by a dominant firm  
            improves welfare.  25p.                                     
     200048 Baranes, Edmond & Tropeano, Jean-Philippe.  Why are         
            technological spillovers spatially bounded?  A theoretical  
            approach.  27p.                                             
     200055 Bouchard, Bruno.  Exponential hedging and pricing under     
            proportional transaction costs.  26p.                       
     200054 Bouchard, Bruno.  A note on the utility based option pricing
            with proportional transaction costs under large risk        
            aversion.  16p.                                             
     200053 Bouchard, Bruno.  Stochastic targets with mixed diffusion   
            processes and viscosity solutions.  34p.                    
     200043 Casella, George, Lavine, Michael & Robert, Christian P.     
            Explaining the perfect sampler.  17p.                       
     200044 Casella, George, Robert, Christian P. & Wells, Martin T.    
            Rao-Blackwellization of generalized accept-reject schemes.  
            9p.                                                         
     200045 Chopin, Nicolas.  A sequential particle filter method for   
            static models.  25p.                                        
     200047 Francq, Christian & Zakoian, Jean-Michel.  Estimating       
            stochastic volatility models: a new approach based on ARMA  
            representations.  26p.                                      
     200057 Garcia, Rene, Luger, Richard & Renault, Eric.  Asymmetric   
            smiles, leverage effects and structural parameters.  50p.   
     200056 Garcia, Rene, Luger, Richard & Renault, Eric.  Empirical    
            assessment of an intertemporal option pricing model with    
            latest variables.  35p.                                     
     200046 Hristache, Marian, Juditsky, Anatoli & Spokoiny, Vladimir.  
            Direct estimation of the index coefficient in a             
            single-index.  29p.                                         
     200051 Lemel, Yannick & Rainwater, Lee.  The age and gender        
            components of social status in France: first results.  23p. 



                                                           PAGE  25

     200061 Couralet, P.E.  Child labor and economic growth.  26p.      
     2001-3 Dauxois, J.Y. & Kirmani, S.N.U.A.  Testing the proportional 
            odds model under random censoring.  10p.                    
     200060 Dhaene, G. & Scaillet, O.  Reversed score and likelihood    
            ratio tests.  16p.                                          
     2001-4 Essafi, C. Afsa.  Housing benefit and the labour supply:    
            evidence from the French minimum income program.  26p.      
     2001-2 Poret, S.  The illicit drug market: paradoxical effects of  
            law enforcement policies.  30p.                             
     200059 Progent, J.L., Renault, O. & Scaillet, O.  An empirical     
            investigation in credit spread indices.  35p.               
     200112 Bertrand, Marianne & Kramarz, Francis.  Does entry          
            regulation hinder job creation?  Evidence from the French   
            retail industry.  46p.                                      
     2001-8 Cogneau, Denis & Maurin, Eric.  Parental income and school  
            attendance in a low-income country: a semi-parametric       
            analysis.  34p.                                             
     2001-5 Dabo-Niang, Sophie.  Density estimation in infinite         
            dimensional space: application to processes of diffusion    
            type.  31p.                                                 
     200110 Fermanian, Jean-David.  Nonparametric estimation of         
            competing risks models with covariates.  22p.               
     200113 Fermanian, Jean-David & Salanie, Bernard.  A nonparametric  
            simulated maximum likelihood estimation method.  20p.       
     2001-7 Givord, Pauline & Maurin, Eric.  Changes in job stability   
            and their causes: an empirical analysis method applied to   
            France 1982-2000.  40p.                                     
     2001-6 Mas, Andre & Menneteau, Ludovic.  Large and moderate        
            deviations principles for infinite dimensional              
            autoregressive processes.  22p.                             
     2001-9 Maurin, Eric & Thesmar, David.  Change in the functional    
            structure of firms and the demand for skill.  48p.          
     200114 Thesmar, David.  The governance of subsidiaries: how        
            pyramidal ownership magnifies the separation of ownership   
            and control.  29p.                                          
     200120 Darolles, S., Gourieroux, C. & Jasiak, J.  Compound         
            autoregressive models.  55p.                                
     200115 Gilbert, Lucie, Kamionka, Thierry & Lacroix, Guy.  The      
            impact of government-sponsored training programs on the     
            labor market transition of disadvantaged men.  37p.         
     200121 Hristache, M., et al.  Structure adaptive approach for      
            dimension reduction.  26p.                                  
     200118 Lescourret, Laurence & Foucault, Thierry.  Information      
            sharing, liquidity and transaction costs in floor-based     
            trading systems.  34p.                                      
     200122 Malinvaud, E.  An aggregation problem: the demand for       
            unskilled labour.  17p.                                     
     200116 Margolis, David N. & Salvanes, Kjell G.  Do firms really    
            share rents with their workers?.  37p.                      
     200119 Veredas, David, Rodriguez-Poo, Juan & Espasa, Antoni.  On   
            the (intradaily) seasonality and dynamics of a financial    
            point process: a semiparametric approach.  30p.             
     2001-1 Calvet, Laurent, Grandmont, Jean-M. & Lemaire, Isabelle.    
            Aggregation of heterogenous beliefs and asset pricing in    
            complete financial markets.  66p.                           



                                                           PAGE  26

     2001-2 Chone, Philippe & Laroque, Guy.  Optimal incentives for     
            labor force participation.  26p.                            
     200127 Diaye, Marc A., Gardes, Francois & Starzec, Christophe.  The
            world according to GARP: non-parametric tests of demand     
            theory and rational behavior.  33p.                         
     200126 Druilhet, Pierre.  Conditions for optimality in experimental
            designs.  12p.                                              
     200123 Fagart, Marie C., Fombaron, Nathalie & Jeleva, Maglena.     
            Risk mutualization and competition in the insurance market. 
            37p.                                                        
     200032 Francq, Christian & Zakoian, Jean M.  Stationarity of       
            multivariate Markov-switching ARMA models.  26p.            

     INSTITUTO DE ESTUDIOS ECONOMICOS DE GALICIA PEDRO BARRIE de la MAZA

     49     Esteban, Joan & Ray, Debraj.  Inequality, public allocation 
            and development: a characterization of equilibria.  37p.    
     48     Esteban, Joan & Ray, Debraj.  Inequality, public allocation 
            and development: conflictual and allocative losses.  29p.   

     UNIVERSITY OF IOWA.  Department of Economics.                      

     2000-4 Horowitz, Joel L & Spokoiny, Vladimir G.  An adaptive,      
            rate-optimal test of linearity for median regression models.
             33p.                                                       

     IOWA STATE UNIVERSITY.  Department of Economics.                   

     340    Huffman, Wallace E. & Feridhanusetyawan, Tubagus.           
            Migration, fixed costs, and location-specific amenities: a  
            hazard rate analysis.  35p.                                 
     339    Li, Yang & Huffman, Wallace E.  Return migration as an      
            individual's optimal utility maximizing behavior.  49p.     
     55     Pingle, Mark & Tesfatsion, Leigh.  Non-employment benefits  
            and the evolution of worker-employer cooperation:           
            experiments with real and computational a.  52p.            
     54     Bhattacharya, Joydeep & Haslag, Joseph H.  On the use of the
            inflation tax when non-distortionary taxes are available.   
            18p.                                                        
     346    Bhattacharya, Joydeep & Kudoh, Noritaka.  Tight money       
            policies and inflation revisited.  36p.                     

     BANCA DE ITALIA.  Research Department.                             

     377    Altissimo, Filippo, Marchetti, Domenico J. & Oneto, Gian    
            Paolo.  The Italian business cycle: coincident and leading  
            indicators and some stylized facts.  126p.                  
     380    Angelini, Paolo & Cetorelli, Nicola.  Bank competition and  
            regulatory reform: the case of the Italian banking industry.
             49p.                                                       
     379    Atkinson, A.B. & Brandolini, Andrea.  Promise and pitfalls  
            in the use of "secondary" data-sets: income inequality in   
            OECD countries.  57p.                                       
     385    Busetti, Fabio.  Testing for stochastic trends in series    
            with structural breaks.  39p.                               



                                                           PAGE  27

     382    Ferraguto, Giuseppe & Pagano, Patrizio.  Endogenous growth  
            with intertemporally dependent preferences.  47p.           
     381    Focarelli, Dario & Pozzolo, Alberto F.  The determinants of 
            cross-border bank shareholdings: an analysis with bank level
            data from OECD countries.  48p.                             
     378    Fornari, Fabio & Pericoli, Marcello.  Stock values and      
            fundamentals: link or irrationality?.  37p.                 
     384    Guiso, Luigi, et al.  Will a common European monetary policy
            have asymmetric effects?.  39p.                             
     386    Lippi, Francesco.  Revisiting the case for a populist       
            central banker.  18p.                                       
     383    Michelacci, C. & Zaffaroni, P.  (Fractional) beta           
            convergence.  48p.                                          
     387    De Bonis, Riccardo & Ferrano, Annalisa.  The multimarket    
            contacts theory: an application to Italian banks.  37p.     
     389    Dedola, Luca & Lippi, Francesco.  The monetary transmission 
            mechanism: evidence from the industries of five OECD        
            countries.  46p.                                            
     391    Sbracia, Massimo & Zaghini, Andrea.  Expectations and       
            information in second generation currency crises models.    
            32p.                                                        
     400    Cipollone, Piero.  Is the Italian labour market segmented?. 
            44p.                                                        
     396    Formari, Fabio & Mele, Antonio.  Recovering the probability 
            density function of asset prices using GARCH as diffusion   
            approximations.  39p.                                       
     397    Fornari, Fabio & Mele, Antonio.  A simple approach to the   
            estimation of continuous time CEV stochastic volatility     
            models of the short-term rate.  68p.                        
     401    Giordano, Raffaela.  Optimal debt maturity under EMU.  30p. 
     399    Grande, Giuseppe & Ventura, Luigi.  Labor income and risky  
            assets under market incompleteness: evidence from Italian   
            data.  35p.                                                 
     392    Marchetti, Domenico J. & Nucci, Francesco.  Unobserved      
            factor utilization, technology shocks and business cycles.  
            44p.                                                        
     394    Pagano, Patrizio & Schivardi, Fabiano.  Firm size           
            distribution and growth.  47p.                              
     393    Panetta, Fabio.  The stability of the relation between the  
            stock market and macroeconomic forces.  45p.                
     395    Siviero, Stefano & Terlizzese, Daniele.  Macroeconomic      
            forecasting: debunking a few old wives' tales.  45p.        
     410    Bentivogli, Chiara & Monti, Paola.  International           
            transmission via trade links: theoretically consistent      
            indicators of interdependence for Latin Americ.  41p.       
     404    Bonaccorsi di Patti, Emilia & Gobbi, Giorgio.  The effects  
            of bank consolidation and market entry on small business    
            lending.  37p.                                              
     406    Carnazza, Paolo & Parigi, Giuseppe.  The evolution of       
            confidence for European consumers and businesses in France, 
            Germany and Italy.  35p.                                    
     408    Corsetti, Giancarlo, Pericoli, Marcello & Sbracia, Massimo. 
            Correlation analysis of financial contagion: what one should
            know before running a test.  47p.                           




                                                           PAGE  28

     403    de Blasio, Guido & Mini, Federico.  Seasonality and         
            capacity: an application to Italy.  48p.                    
     405    Dedola, Luva, Gaiotti, Eugenio & Silipo, Luca.  Money demand
            in the Euro area: do national differences matter?.  54p.    
     407    Pericoli, Marcello & Sbracia, Massimo.  A primer on         
            financial contagion.  46p.                                  
     409    Sbracia, Massimo & Zaghini, Andrea.  The role of the banking
            system in the international transmission of shocks.  40p.   

     LA TROBE UNIVERSITY.  Department of Economics.                     

     200015 Coxhead, Ian & Jayasuria, Sisira.  Economic growth,         
            development policy and the environment in the Philippines.  
            39p.                                                        
     200016 Prentice, David.  Estimating a differentiated products model
            with a discrete/continuous choice and limited data.  28p.   
     2000-9 D'Souza, Clare, Lim, Selena & Hewarathna, Ramya.  Gender    
            impact on women entrepreneurs: a cultural analysis.  16p.   
     200017 Magnani, Elisabetta & Prentice, David.  Did globalization   
            reduce unionization?  Evidence from U.S. manufacturing.     
            24p.                                                        
     2001-2 Hewitson, Gillian.  Robinson Crusoe in the family: feminist 
            economics and "Lost in Space".  18p.                        
     2001-1 Hewitson, Gillian.  A survey of feminist economics.  52p.   

     UNIVERSITE DE LAUSANNE.  Dept. d'Econometrie d' Econ. Politique.   

     200026 Abul Naga, Ramses H. & Bolzani, Enrico.  Poverty and        
            permanent income: a methodology for cross-section data.     
            41p.                                                        
     200023 Brulhart, Marius & Trionfetti, Federico.  Public expenditure
            and international specialisation.  43p.                     
     200027 Butler, Monika.  The political feasibility of increasing    
            retirement age: lessons from a ballot on female retirement  
            age.  35p.                                                  
     2001-3 Lambelet, Jean-Christian.  A critical evaluation of the     
            Bergier report on "Switzerland and refugees during the Nazi 
            Era," with a new analysis .  76p.                           
     200024 Neven, Damien J. & Roller, Lars-Hendrik.  Consumer surplus  
            vs. welfare standard in a political economy model of merger 
            control.  27p.                                              
     200025 Neven, Damien J. & Roller, Lars-Hendrik.  The scope of      
            conflict in international merger control.  14p.             
     2001-2 Perotti, Enrico C. & von Thadden, Ernst-Ludwig.  Outside    
            finance, dominant investors and strategic transparency.     
            35p.                                                        
     2001-5 Abul Naga, Ramses H.  Biases of the ordinary least squares  
            and instrumental variables estimators of the                
            intergenerational earnings correl.  18p.                    
     2001-8 Adjaoute, Kpate & Danthine, Jean-Pierre.  Portfolio         
            diversification: alive and well in Euroland!.  17p.         
     2001-7 Butler, Monika & Harms, Philipp.  Old folks and spoiled     
            brats: why the baby boomers' saving crisis need not be that 
            bad.  27p.                                                  




                                                           PAGE  29


     LONDON SCHOOL OF ECONOMICS.  ICERD-Devel. Econ. Discussion Series. 

     23     Matsuyama, Kiminori.  The rise of mass consumption          
            societies.  62p.                                            
     28     Besley, Timothy & Burgess, Robin.  The political economy of 
            government responsiveness: theory and evidence from India.  
            42p.                                                        
     29     Burgess, Robin & Zhuang, Juzhong.  Modernisation and son    
            preference.  36p.                                           

     LONDON SCHOOL OF ECONOMICS.  Financial Markets Group.              

     359    Burkart, Mike & Wallner, Klaus.  Club enlargement: early    
            versus late admittance.  43p.                               
     365    Cunat, Vicente.  Trade credit: suppliers as debt collectors 
            and insurance providers.  42p.                              
     362    Ericsson, Jan & Renault, Olivier.  Liquidity and credit     
            risk.  53p.                                                 
     361    Hellwig, Christian.  Public information, private information
            and the multiplicity of equilibria in coordination games.   
            25p.                                                        
     360    Perez-Quiros, Gabriel & Timmermann, Allan.  Business cycle  
            asymmetries in stock returns: evidence from higher order    
            moments and conditional densities.  45p.                    
     364    Prigent, Jean-Luc, Renault, Olivier & Scaillet, Olivier.  An
            autoregressive conditional binomial option pricing model.   
            22p.                                                        
     363    Prigent, Jean-Luc, Renault, Olivier & Scaillet, Olivier.  An
            empirical investigation in credit spread indices.  32p.     
     367    Brown, Ward & Haegler, Urs.  Financing constraints and      
            inventories.  31p.                                          
     366    Haegler, Urs.  Recursive mechanisms and costly storage      
            audits to insure privately informed agents.  31p.           
     376    Anderson, Ronald W. & Nyborg, Kjell G.  Financing and       
            corporate growth under repeated moral hazard.  35p.         
     378    Burkart, Mike & Panunzi, Fausto.  Agency conflicts,         
            ownership concentraion, and legal shareholder protection.   
            31p.                                                        
     369    Coco, Giuseppe & de Meza, David.  In denfence of usury laws.
             28p.                                                       
     370    Conner, Gregory.  A structural GARCH model of daily equity  
            return volatility.  26p.                                    
     379    Connor, Gregory & Sehgal, Sanjay.  Tests of the Fama and    
            French model of India.  23p.                                
     372    Corsetti, Giancarlo, et al.  Does one Soros make a          
            difference?  A theory of currency crises with large and     
            small traders.  31p.                                        
     368    Ellul, Andrew.  The dealers ride again: volatility and order
            flow dynamics in a hybrid market.  51p.                     
     374    Goodhart, Charles & Krueger, Malte.  The impact of          
            technology on cash usage.  58p.                             
     377    Goodhart, Charles, Schoenmaker, Dirk & Dasgupta, Paolo.  The
            skill profile of central bankers and supervisors.  23p.     




                                                           PAGE  30

     381    Gottardi, Piero & Rahi, Rahit.  Efficiency properties of    
            rational expectations equilibria with asymmetric            
            information.  45p.                                          
     382    Hodgson, Douglas J., Linton, Oliver & Vorkink, Keith.       
            Testing the capital asset pricing model efficiently under   
            elliptical symmetry: a semiparametric approach.  33p.       
     383    Linton, Oliver & Shintani, Motosugu.  Is there chaos in the 
            world economy?  A nonparametric test using consistent       
            standard errors.  38p.                                      
     373    Morris, Stephen & Shin, Hyun Song.  Coordination risk and   
            the price of debt.  24p.                                    
     375    Ortalo-Magne, Francois & Rady, Sven.  Housing market        
            dynamics: on the contribution of income shocks and credit   
            constraints.  48p.                                          
     380    Sentana, Enrique.  Mean-variance portfolio allocation with a
            value at risk constraint.  17p.                             
     371    Shin, Hyun Song.  Disclosures and asset returns.  30p.      
     389    Anderson, Ronald W. & Nyborg, Kjell G.  Financial           
            evelopment, agency and the pact of adoption of new          
            techniques.  29p.                                           
     384    Calzolari, Giorgio, Fiorentini, Gabriele & Sentana, Enrique.
             Constrained indirect inference estimation.  75p.           
     388    Carletti, Elena.  The structure of bank relationships,      
            endogenous monitoring and loan rates.  40p.                 
     386    Gautier, Axel & Heider, Florian.  What do internet capital  
            markets do?: redistribution vs. incentives.  33p.           
     387    Heider, Florian.  Signalling with debt and equity: a        
            unifying approach and its implications for the pecking-order
            hypothesis and comp.  29p.                                  
     385    Jeffrey, Andrew, Linton, Oliver & Nguyen, Thong.  Flexible  
            term structure estimation: which method is preferred?.  41p.
     390    Shin, Hyun Song, Hayes, Simon & Gai, Prasanna.  Crisis costs
            and debtor discipline: the efficacy of public policy in     
            sovereign debt.  24p.                                       
     395    Bar-Isaac, Heski.  Self-confidence and survival.  42p.      
     394    Danielsson, Jon, Shin, Hyun Song & Zigrand, Jean-Pierre.    
            Asset price dynamics with value-at-risk constrained traders.
             30p.                                                       
     393    Danielsson, Jon & Zigrand, Jean-Pierre.  What happens when  
            you regulate risk?  Evidence from a simple equilibrium      
            model.  41p.                                                
     391    Webb, David & de Meza, David.  Saving eliminates credit     
            rationing.  17p.                                            
     392    Zigrand, Jean-Pierre.  Rational limits to arbitrage.  29p.  

     LONDON SCHOOL OF ECONOMICS.  Int'l. Centre for Econ & Related Disc.

     407    Anderlini, Luca & Felli, Leonardo.  Bounded rationality and 
            incomplete contracts.  37p.                                 
     405    Horsley, Anthony & Wrobel, Andrew J.  Efficiency rents of   
            pumped-storage plants and their uses for operation and      
            investment decisions.  32p.                                 
     404    Levy, Gilat.  Strategic consultation in the presence of     
            career concerns.  39p.                                      




                                                           PAGE  31

     409    Anderlini, Luca & Felli, Leonardo.  Transaction costs and   
            the robustness of the Coase theorem.  35p.                  
     413    Bai, Chong-En & Xu, Chenggang.  Ownership, incentives, and  
            monitoring.  34p.                                           
     412    Bolton, Patrick & Xu, Chenggang.  Ownership and managerial  
            competition: employee, customer, or outside ownership.  39p.
     414    Felli, Leonardo & Roberts, Kevin.  Does competition solve   
            the hold-up problem?.  59p.                                 
     417    Horsley, Anthony & Wrobel, Andrew J.  Continuity of the     
            equilibrium price density and its uses in peak-load pricing.
             46p.                                                       
     428    Bar-Isaac, Heski.  Self-confidence and survival.  43p.      

     UNIVERSITY COLLEGE LONDON.  Department of Economics.               

     200012 Acemoglu, Daron, Aghion, Philippe & Violante, Giovanni L.   
            Deunionization, technical change and inequality.  46p.      
     2000-8 Acemoglu, Daron & Newman, Andrew F.  The labour market and  
            corporate structure.  32p.                                  
     200011 Aghion, Philippe, Howitt, Peter & Violante, Giovanni L.     
            General purpose technology and within-group wage inequality.
             42p.                                                       
     200014 Albano, Gian Luigi.  A class of all-pay auctions with       
            affiliated information.  9p.                                
     200015 Albano, Gian Luigi & Jouneau-Sion, Frederic.  A Bayesian    
            approach to the econometrics of English auctions.  15p.     
     200013 Albano, Gian Luigi, Germano, Fabrizio & Lovo, Stefano.  A   
            comparison of standard multi-unit auctions with synergies.  
            7p.                                                         
     200010 Albano, Gian Luigi & Lizzeri, Alessandro.  Strategic        
            certification and provision of quality.  24p.               
     2000-7 Altissimo, Filippo & Violante, Giovanni L.  The nonlinear   
            dynamics of output and unemployment in the U.S.  41p.       
     2000-5 Binmore, Ken, Swierzbinski, Joe & Proulx, Chris.  Does      
            minimax work?  An experimental study.  43p.                 
     2000-9 Garibaldi, Pietro & Violante, Giovanni L.  Severance        
            payments in search economies with limited bonding.  26p.    
     200016 Inderst, Roman.  Bargaining with a possible committed       
            seller.  38p.                                               
     200017 Inderst, Roman.  Decentralized markets with adverse         
            selection.  39p.                                            
     200018 Inderst, Roman & Laux, Christian.  Internal competitions for
            corporate financial resources.  35p.                        
     200020 Inderst, Roman & Muller, Holger M.  Project bundling,       
            liquidity spillovers and capital market discipline.  35p.   
     2000-4 Pemberton, Malcolm & Ulph, David.  Technical progress and   
            the measurement of national income.  25p.                   
     2000-6 Swanson, Timothy, et al.  Conflicts in conservation:        
            aggregating total economic values.  39p.                    
     2000-3 Ulph, David & Pemberton, Malcolm.  Measuring income and     
            measuring sustainability.  19p.                             
     200019 Violante, Giovanni L.  Technological acceleration, skill    
            transferability and the rise in residual inequality.  50p.  

     UNIVERSITE CATH. DE LOUVAIN.  Ctr. for Op. Research & Econometrics.

     200043 Bauwens, Luc & Hunter, John.  Identifying long-run behaviour
            with non-stationary data.  13p.                             
                                                           PAGE  32

     200040 Bloise, Gaetano & Magris, Francesco.  Sunspot equilibria in 
            a monetary economy with capital accumulation.  15p.         
     200041 Chander, Parkash.  A simple measure of risk aversion in the 
            large and an application.  33p.                             
     200042 Coelli, Tim.  On the econometric estimation of the distance 
            function representation of a production technology.  23p.   
     200044 Dreze, Jacques H. & Polemarchakis, Heracles M.  Monetary    
            equilibria.  26p.                                           
     200045 Giot, Pierre.  Intraday value-at-risk.  24p.                
     200046 Jouneau-Sion, Frederic & Torres, Olivier.  Auctions with    
            discrete increments: a structural econometric approach based
            on dominated strategies.  48p.                              
     200047 Loparic, Marko, Marchand, Hugues & Wolsey, Laurence A.      
            Dynamic knapsack sets and capacitated lot-sizing.  18p.     
     200038 Lubrano, Michel.  Bayesian non-linear modellings of the     
            short term U.S. interest rate: the help of non-parametric   
            tools.  26p.                                                
     200039 Miller, Andrew J., Nemhauser, George L. & Savelsbergh,      
            Martin W.P.  Solving multi-item capacitated lot-sizing      
            problems with setup times by branch and cut.  32p.          
     200049 Ortega, Francisco & Wolsey, Laurence.  A branch-and-cut     
            algorithm for the single commodity uncapacitated fixed      
            charge network flow problem.  28p.                          
     200048 Russo, Giuseppe & Veredas, David.  Institutional rigidities 
            and employment rigidity in the Italian large industrial     
            firms.  25p.                                                
     200060 Bauwens, Luc, et al.  A comparison of financial duration    
            models via density forecasts.  41p.                         
     200033 d'Apsremont, Claude, Dos Santos Ferreira, Randolphe &       
            Gerard-Varet, Louis-Andre.  Endogenous business cycles and  
            business formation with a strategic investment.  21p.       
     200057 De Meyer, Bernard & Saley, Hadiza Moussa.  On the strategic 
            origin of Brownian motion in finance.  29p.                 
     200059 Demichelis, Stefano & Ritzberger, Klaus.  From evolutionary 
            to strategic stability.  33p.                               
     200050 Duran, Jorge & LeVan, Cuong.  A simple proof of existence of
            equilibrium in a one sector growth model with bounded or    
            unbounded returns from belo.  19p.                          
     200055 Einy, Ezra, et al.  Information advantage and dominant      
            strategies in second-price auctions.  14p.                  
     200062 Gabszewicz, Jean J. & Wauthy, Xavier Y.  Another perverse   
            effect of monopoly power.  10p.                             
     200063 Gabszewicz, Jean J. & Grazzini, Lisa.  Strategic            
            multilateral exchange and taxes.  18p.                      
     200054 Grazzini, Lisa.  Ad valorem and per unit taxation in an     
            oligopoly model.  15p.                                      
     200056 Haimanko, Ori & Steinberg, Richard.  Price symmetry in a    
            duopoly with congestion.  11p.                              
     200058 Hindrika, Jean.  Public versus private insurance: a         
            political economy argument.  23p.                           
     200051 Louveaux, Quentin & Wolsey, Laurence A.  Combining problem  
            structure with basis reduction to solve a class of hard     
            integer programs.  18p.                                     
     200061 Michel, Philippe & Wigniolle, Bertrand.  Temporary bubbles  
            in an economy with under-accumulation.  33p.                



                                                           PAGE  33

     200052 Miller, Andrew J., Nemhauser, George L. & Savelsbergh,      
            Martin W.P.  On the polyhedral structure of a multi-item    
            production planning model with setup times.  30p.           
     200112 Azomahou, Theophile & Van Phu, Nguyen.  Economic growth and 
            CO2 emissions: a nonparametric approach.  27p.              
     200110 del Rey, Elena.  Persistent inequality through schooling:   
            the role of limited school capacity.  33p.                  
     2001-7 Einy, Ezra, et al.  Dominance solvability of second-price   
            auctions with differential information.  23p.               
     2001-1 Forges, Francoise, Mertens, Jean-Francois & Vohra, Rajiv.   
            The ex ante incentive compatible core in the absence of     
            wealth effects.  27p.                                       
     2001-5 Germain, Marc & Van Steenberghe, Vincent.  Constraining     
            equitable allocations of tradable greenhouse gases emission 
            quotas by acceptability.  23p.                              
     2001-4 Hindriks, Jean & Myles, Gareth D.  Strategic inter-regional 
            transfers.  30p.                                            
     2001-2 Jehiel, Philippe & Thisse, Jacques F.  Lobbying in public   
            decision making.  23p.                                      
     200111 Le Breton, Michel & Weber, Shlomo.  The art of making       
            everybody happy: how to prevent a secession.  39p.          
     2001-9 Michel, Philippe & Pestieau, Pierre.  Fiscal policy in a    
            growth model with bequest-as-consumption.  16p.             
     2001-8 Miller, Andrew J. & Wolsey, Laurence A.  Discrete lot-sizing
            and convex integer programming.  29p.                       
     2001-6 Miller, Andrew J., Nemhauser, George L. & Savelsbergh,      
            Martin W.P.  A multi-item production planning model with    
            setup times: algorithms, reformulations, and polyhedral     
            characterizatio.  21p.                                      
     2001-3 Tabuchi, Takatoshi, Thisse, Jacques F. & Zeng, Dao-Zhi.  On 
            the evolution of a multi-regional system.  39p.             
     200117 Citanna, Alessandro, Polemarchakis, Heraklis M. & Tirelli,  
            Mario.  The taxation of trades in assets.  19p.             
     200120 Cremer, Helmuth, Pestieau, Pierre & Rochet, Jean-Charles.   
            Capital income taxation when inherited wealth is not        
            observable.  23p.                                           
     200121 Cremer, Helmuth, Dellis, Arnaud & Pestieau, Pierre.  Family 
            size and optimal income taxation.  25p.                     
     200115 Figuieres, Charles, Hindriks, Jean & Myles, Gareth D.       
            Revenue sharing versus expenditure sharing.  21p.           
     200113 Gabszewicz, Jean J. & Wauthy, Xavier Y.  The option of joint
            purchase in vertically differentiated markets.  15p.        
     200122 Giot, Pierre & Laurent, Sebastien.  Value-at-risk for long  
            and short trading positions.  25p.                          
     200118 Giraud, Gael & Rochon, Celine.  Consistent                  
            collusion-proofness and correlation in exchange economies.  
            25p.                                                        
     200119 Giraud, Gael & Rochon, Celine.  Generic efficiency and      
            collusion-proofness in exchange economies.  29p.            
     200124 Justmann, Moshe, Thisse, Jacques-Francois & van Ypersele,   
            Tanguy.  Fiscal competition and regional differentiation.   
            20p.                                                        
     200123 Marchand, Maurice & Schroyen, Fred.  Markets for public and 
            private health care: redistribution arguments for a mixed   
            system.  32p.                                               



                                                           PAGE  34

     200114 Savaglio, Ernesto.  A note on inequality criteria.  8p.     
     200116 Soubeyran, Antoine & Weber, Shlomo.  District formation: a  
            co-opetition approach.  32p.                                

     MACQUARIE UNIVERSITY.  Department of Economics.                    

     132000 Bryant, William D.A.  Appropriate redistributions and the   
            second welfare theorem when equilibrium is not unique.  34p.
     142000 Joyeux, Roselyne.  A generalization of the concept of       
            cointegration to harmonizable and class (KF) processes.     
            19p.                                                        
     2/2001 Turnell, Sean.  Full employment and free trade: an          
            historical episode of Australian intellectual leadership.   
            23p.                                                        
     3/2001 Turnell, Sean.  Core labour standards and the WTO.  28p.    
     1/2001 Turnell, Sean.  The right to employment: extending the core 
            labour standards and trade debate.  13p.                    
     5/2001 Horne, Jocelyn.  Myths and misconceptions of the exchange   
            rate.  35p.                                                 
     4/2001 Sadeghi, Mehdi.  Dual-listing of Australian shares on the   
            New Zealand stock market.  17p.                             
     7/2001 Bryant, W.D.A. & Macri, J.E.  Does sentiment explain        
            consumption?.  32p.                                         
     6/2001 Bryant, W.D.A.  Gift equilibria and Pareto improvements.    
            15p.                                                        
     8/2001 Bryant, W.D.A.  On the probability of help.  10p.           
     9/2001 Freedman, Craig.  Do great economists make great teachers?  
            George Stigler as a dissertation supervisor.  8p.           

     UNIVERSITY OF MARYLAND.  Department of Economics.                  

     2000-5 Sakellaris, Plutarchos & Wilson, Daniel J.  The             
            production-side approach to estimating embodied             
            technological change.  49p.                                 
     2001-2 Oates, Wallace E.  Fiscal competition or harmonization?     
            Some reflections.  11p.                                     
     2001-1 Oates, Wallace E. & Portney, Paul R.  The political economy 
            of environmental policy.  47p.                              

     UNIVERSITY OF MELBOURNE.  Department of Economics.                 

     766    Chotikapanich, Duangkamon & Creedy, John.  Bayesian         
            estimation of Atkinson inequality measures.  21p.           
     770    Chou, Yuan K.  The effect of collective bargaining and      
            central bank independence on inflation and unemployment:    
            evidence from the .  60p.                                   
     768    Chou, Yuan K.  Testing alternative models of labor supply:  
            evidence from taxi drivers in Singapore.  37p.              
     771    Johnston, Carol & Olekalns, Nilss.  Enriching the learning  
            experience: a calm approach.  29p.                          
     767    King, Stephen P.  Does structure dominate regulation?  The  
            case of an input monopolist.  31p.                          
     769    Perkins, J.O.N.  Exchange rates and macroeconomic policy    
            with income-sensitive capital flows.  18p.                  




                                                           PAGE  35

     773    Cameron, Lisa & Cobb-Clark, Deborah.  Old-age support in    
            developing countries: labor supply, intergenerational       
            transfers and living arrangements.  37p.                    
     775    Creedy, John & Gemmell, Norman.  Public finance and public  
            education in a general equilibrium endogenous growth model. 
            39p.                                                        
     774    Creedy, John.  Quadratic utility, labour supply and the     
            welfare effects of tax changes.  16p.                       
     772    Dixon, Robert.  Australian labour force data: how           
            representative is the "population represented by the matched
            sample?".  33p.                                             
     777    Stachurski, John.  Stochastic optimal growth with unbounded 
            shock.  31p.                                                
     776    van de Ven, Justin.  Distributional limits and the Gini     
            coefficient.  20p.                                          
     783    Chang, Hsiao-chuan.  International trade, productivity      
            growth, education and wage differentials: a case study of   
            Taiwan.  19p.                                               
     782    Creedy, John & van de Ven, Justin.  Taxation, reranking and 
            equivalence scales.  32p.                                   
     778    Hirschberg, Joseph G., Maasoumi, Esfandiar & Slottje, Daniel
            J.  Clusters of attributes and well-being in the U.S.  26p. 
     779    van de Ven, Justin.  Stimulating cohort demographic         
            characteristics for Australia.  42p.                        
     780    van de Ven, Justin.  Stimulating cohort earnings for        
            Australia.  27p.                                            
     781    van de Ven, Justin, Creedy, John & Lambert, Peter J.  Close 
            equals and calculation of the vertical, horizontal and      
            reranking effects of taxation.  15p.                        
     784    Creedy, John.  The GST and vertical, horizontal and         
            reranking effects of indirect taxation in Australia.  17p.  
     785    Creedy, John.  Non-uniform consumption taxes: a `blunt      
            redistributive instrument?'.  19p.                          
     789    Freebairn, John.  Some market effects of E-commerce.  17p.  
     786    Olekalns, Nilss.  An empirical investigation of structural  
            breaks in the ex ante Fisher effect.  26p.                  
     788    Stachurski, John.  Log-linearization of perturbed dynamical 
            systems with applications to optimal growth.  12p.          
     787    Stachurski, John.  Stochastic growth: asymptotic            
            distributions.  7p.                                         
     797    Bardsley, Peter.  Recursive contracts.  21p.                
     792    Basov, Suren.  An axiomatic model of social adaptive        
            behaviour.  45p.                                            
     791    Basov, Suren.  A noisy model of individual behaviour.  31p. 
     790    Chang, Hsiao-Chuan.  Technological change and wage          
            differentials results and policy implications from a dynamic
            intertemporal general eq.  20p.                             
     802    Chotikapanich, Duangkamon & Griffiths, William.  Estimating 
            Lorenz curves using a Dirichlet distribution.  21p.         
     801    Chotikapanich, Duangkamon & Griffiths, William.  On         
            calculation of the extended Gini coefficient.  12p.         
     804    Chou, Yuan K. & Chin, Martin S.  Financial innovations and  
            endogenous growth.  35p.                                    
     805    Chou, Yuan K.  The impact of central bank independence and  
            union concentration on macroeconomic performance in the     
            presence of agg.  39p.                                      


                                                           PAGE  36

     806    Chua, C.L., Griffiths, W.E. & O'Donnell, C.J.  Bayesian     
            model averaging in consumer demand systems with inequality  
            constraints.  33p.                                          
     803    Creedy, John.  Adam Smith and all that.  22p.               
     799    Creedy, John & Kalb, Guyonne.  Measuring welfare changes    
            with nonlinear budget constraints in continuous and discrete
            hours labor supply models.  29p.                            
     798    Griffiths, William E, Chotikapanich, Duangkamon & Rao, D.S. 
            Prasada.  Averaging income distributions.  26p.             
     793    Griffiths, William E.  Bayesian inference in the seemingly  
            unrelated regressions model.  40p.                          
     795    Griffiths, William E. & Valenzuela, M. Rebecca.  Estimating 
            costs of children from micro-unit records: a new procedure  
            applied to Australian data.  32p.                           
     794    Griffiths, William E., Skeele, Christopher L. &             
            Chotikapanich, Duangkamon.  Sample size requirements for    
            estimation in SUR models.  16p.                             
     800    Hirschberg, Joseph G. & Lye, Jenny N.  Clustering in a data 
            envelopment analysis using bootstrapping efficiency scores. 
            22p.                                                        
     796    Lansdell, Nicola & Gangadharan, Lata.  Comparing travel cost
            models and the precision of their consumer surplus          
            estimates: Albert Park and Maroondah Reser.  37p.           
     811    Chan, Timothy & Kam, Yoke.  Public infrastructure spillovers
            and growth: theory and time series evidence for Australia.  
            22p.                                                        
     810    Dixon, Robert, Lim, G.C. & Thomson, Jim.  Australian gross  
            flows data: the labour force survey and the size of the     
            population represented by the matched samp.  30p.           
     807    Smirnov, Vladimir & Wait, Andrew.  Hold-up and sequential   
            specific investments.  31p.                                 
     808    Smirnov, Vladimir & Wait, Andrew.  Timing of investments,   
            hold-up and total welfare.  50p.                            
     809    Wait, Andrew.  Delaus in bargaining with incomplete         
            contracts.  40p.                                            
     812    Basov, Suren.  An evolutionary model of reciprocity.  22p.  
     813    Basov, Suren.  Incentives for boundedly rational agents.    
            33p.                                                        
     819    Coutts, Ken & Norman, Neville R.  Global influences on U.K. 
            manufacturing prices 1970-2000.  45p.                       
     814    Creedy, John & Gemmell, Norman.  The revenue responsiveness 
            of income and consumption taxes in the U.K.  27p.           
     818    Grier, Kevin B., Henry, Olan T. & Olekalns, Nilss.  The     
            effects of uncertainty on macroeconomic performance: the    
            importance of the conditional covariance model.  39p.       
     816    Griffiths, William E., Hill, R. Carter & O'Donnell,         
            Christopher J.  Including prior information in probit model 
            estimation.  27p.                                           
     817    Kam, T.C.Y. & Lim, G.C.  Interest rate smoothing and        
            inflation-output variability in a small open economy.  25p. 
     820    Kells, Stuart.  Prices in sequential auctions: preliminary  
            evidence from Australian rare book auctions.  29p.          
     815    Stachurski, John.  Convergence, path dependence and the     
            nature of stochastic equilibria: a teratology of growth     
            methods.  31p.                                              



                                                           PAGE  37


     UNIVERSITY OF MINNESOTA.  Center for Economic Research.            

     310    Chu, Tianshu.  Vertical specialization with heterogeneous   
            entrepreneurs: can trade promote industrialization of       
            developing countri.  27p.                                   
     311    Nyman, John.  The theory of the demand for health insurance.
             36p.                                                       
     312    Hurwicz, Leonid & Richter, Marcel K.  The second welfare    
            theorem of classical welfare economics.  36p.               
     313    Nyman, John A.  The demand for insurance: expected utility  
            theory from a gain perspective.  29p.                       

     UNIVERSITY OF MINNESOTA.  Economic Development Center.             

     2001-1 Diao, Xinshen, Somwaru, Agapi & Roe, Terry.  A global       
            analysis of agricultural trade reform in WTO member         
            countries.  21p.                                            
     2001-2 Mohtadi, Hamid & Roe, Terry.  Democracy, rent seeking,      
            public spending, and growth.  22p.                          

     MONASH UNIVERSITY.  Department of Econometrics & Bus. Statistics.  

     3/2001 Anderson, Heather M. & Vahid, Farshid.  Market architecture 
            and nonlinear dynamics of Australian stock and future       
            indices.  35p.                                              
     112000 Cai, T., Hyndman, Rob J. & Wand, M.P.  Mixed model-based    
            hazard estimation.  14p.                                    
     1/2001 Maharaj, Elizabeth A.  Comparison of non-stationary time    
            series in the frequency domain.  18p.                       
     4/2001 McLean, Alan.  On the nature and role of hypothesis tests.  
            22p.                                                        
     102000 Shami, Roland G. & Forbes, Catherine S.  A structural time  
            series model with Markov switching.  29p.                   
     2/2001 Vahid, Farshid & Issler, Joao V.  The importance of common  
            cyclical features in VAR analysis: a Monte-Carlo study.     
            25p.                                                        
     7/2001 Athanasopoulos, George, Anderson, Heather M. & Vahid,       
            Farshid.  Capturing the shape of business cycles with       
            nonlinear autoregressive leading indicator models.  36p.    
     6/2001 Erbas, Bircan & Hyndman, Rob J.  Statistical methodological 
            issues in studies of air pollution and respiratory disease. 
            16p.                                                        
     5/2001 Hyndman, Rob J. & Billah, Baki.  Unmasking the theta method.
             6p.                                                        
     9/2001 Issler, Joao V. & Vahid, Farshid.  The missing link: using  
            the NBER recession indicator to construct coincident and    
            leading indices of economic activi.  35p.                   
     8/2001 Sarin, Rajiv & Vahid, Farshid.  Strategy similarity and     
            coordination.  37p.                                         

     MONASH UNIVERSITY.  Department of Economics.                       

     7/2001 Avsar, S. Gulay & Goss, Barry A.  Forecast errors and       
            efficiency in the U.S. electricity futures market.  32p.    



                                                           PAGE  38

     3/2001 Chaudhuri, Kausik & Maitra, Pushkar.  School dropouts and   
            economic growth: a cross-country analysis.  33p.            
     6/2001 Ellis, Christopher J. & Fausten, Dietrich.  Strategic FDI   
            and industrial ownership structure.  27p.                   
     4/2001 Hasegawa, Hikaru, Van Hoa, Tran & Valenzuela, Rebecca.      
            HOGLEX demand systems and welfare policy in major ASEAN     
            developing countries: a Bayesian analysis using expenditure.
             24p.                                                       
     8/2001 Liu, Wai-Man & Yang, Xiaokai.  Good capitalism versus bad   
            capitalism: effects of political monopoly of the ruling     
            elite on the extent of the marke.  37p.                     
     2/2001 Maitra, Pushkar & Ray, Ranjan.  Resource inflows and        
            household composition: evidence from South African panel    
            data.  30p.                                                 
     5/2001 Tombazos, Christis G.  Unprotective tariffs, ineffective    
            liberalization and other mysteries: an investigation of the 
            endogenous dimensions.  24p.                                
     1/2001 Yong, Jong-Say.  Outside options and the competitiveness of 
            vertical alliances: a core theoretic approach.  31p.        
     142001 Bhattacharya, Mita.  Industrial concentration and           
            competition in Malaysian manufacturing.  36p.               
     102001 Dogan, Ergun & Smyth, Russell.  Board remuneration, company 
            performance and corporate governance: evidence from publicly
            listed Malaysian companies.  33p.                           
     122001 Ke, Li & Smyth, Russell.  Division of labor, specialization 
            and the enforcement of a system of property rights: a       
            general equilibrium analysi.  39p.                          
     9/2001 Maitra, Pushkar & Pal, Sarmistha.  Birth-spacing and child  
            survival: comparative evidence from India and Pakistan.     
            32p.                                                        
     112001 Ng, Yew-Kwang.  Externality, Pigou and Coase: a case for    
            bilateral taxation and amenity rights.  43p.                
     132001 Ng, Yew-Kwang.  Optimal environmental charges/taxes: easy to
            estimate and surplus-yielding.  21p.                        
     152001 Wills, Ian.  Information exchange, risk and community       
            participation in pollution control measures.  35p.          
     162001 Wills, Ian & Fritchy, Sigmund.  Industry-community-regulator
            consultation in pollution control in Victoria.  47p.        

     UNIVERSITE DE MONTREAL.  Departement de Sciences Economiques.      

     200017 Atallah, Gamal.  Information sharing and the stability of   
            cooperation in research joint ventures.  29p.               
     200016 Atallah, Gamal.  Vertical R&D spillovers, cooperation,      
            market structure, and innovation.  39p.                     
     2001-2 Barbera, Salvador, Bossert, Walter & Pattanaik, Prasanta K. 
            Ranking sets of objects.  57p.                              
     2001-5 Blum, Ulrich & Dudley, Leonard.  Religion and economic      
            growth: was Weber right?.  40p.                             
     200015 Bossert, Walter, Brams, Steven J. & Kilgour, D. Marc.       
            Cooperative vs. non-cooperative truels: little agreement,   
            but does that matter?.  19p.                                
     2001-1 Bossert, Walter & Sprumont, Yves.  Non-deteriorating choice.
             18p.                                                       




                                                           PAGE  39

     200013 Poitevin, Michel.  Can the theory of incentives explain     
            decentralization?  (Innis Lecture 2000).  41p.              
     2001-4 Ruge-Murcia, Francisco J.  Inflation targeting under        
            asymmetric preferences.  48p.                               
     2001-3 Sprumont, Yves.  What is a commodity?  Two axiomatic        
            answers.  7p.                                               
     200112 Ambec, Stefan & Poitevin, Michel.  Organizational design of 
            R&D activities.  33p.                                       
     200114 Bossert, Walter, Derks, Jean & Peters, Hans.  Efficiency in 
            uncertain cooperative games.  13p.                          
     200117 Bossert, Walter, Pattanaik, Prasanta K. & Xu, Yongsheng.    
            The measurement of diversity.  11p.                         
     2001-6 Blackorby, Charles, Bossert, Walter & Donaldson, David.  The
            axiomatic approach to population ethics.  37p.              
     200116 Blackorby, Charles, Bossert, Walter & Donaldson, David.  A  
            representation theorem for domains with discrete and        
            continuous variables.  12p.                                 
     200113 Bossert, Walter, Sprumont, Yves & Suzumura, Kotaro.         
            Rationalizability of choice functions on general domains    
            without full transitivity.  29p.                            
     2001-8 Dufour, Jean-Marie, et al.  Simulation-based finite sample  
            tests for heteroskedasticity and ARCH effects.  43p.        
     2001-9 Garcia, Rene, Luger, Richard & Renalut, Eric.  Asymmetric   
            smiles, leverage effects and structural parameters.  50p.   
     200110 Garcia, Rene, Luger, Richard & Renault, Eric.  Empirical    
            assessment of an intertemporal option pricing model with    
            latent variables.  36p.                                     
     2001-7 Ruge-Murcia, Francisco J.  A prudent central banker.  20p.  

     UNIVERSITY OF MUNICH.  Center for Economic Studies.                

     324    Bartelsman, Eric J. & Beetsma, Roel M.W.J.  Why pay more?   
            Corporate tax avoidance through transfer pricing in OECD    
            countries.  20p.                                            
     321    Danziger, Leif & Ursprung, Heinrich W.  Risk aversion and   
            social mobility: the impossibility of order-preserving      
            income redistributions.  10p.                               
     323    Feld, Lars P. & Matsusaka, John G.  Budget referendums and  
            government spending: evidence from Swiss Cantons.  31p.     
     322    Feld, Lars P. & Frey, Bruno S.  Trust breeds trust: how     
            taxpayers are treated.  18p.                                
     325    Gersbach, Hans & Requate, Till.  Emission taxes and the     
            design of refunding schemes.  23p.                          
     326    Gros, Daniel & Hefeker, Carsten.  One size must fit all     
            national divergences in a monetary union.  18p.             
     327    Gros, Daniel & Suhrcke, Marc.  Ten years after: what is     
            special about transition countries?.  30p.                  
     352    Burda, Michael C. & Dluhosch, Barbara.  Fragmentation,      
            globalization and labor markets.  28p.                      
     334    Choi, Jay Pil & Thum, Marcel.  The dynamics of corruption   
            with the Ratchet effect.  19p.                              
     351    Cigno, Alessandro, Luporini, Annalisa & Pettini, Anna.      
            Transfers to families with children as a principal-agent    
            problem.  15p.                                              




                                                           PAGE  40

     346    Coe, Patrick, Pesaran, M. Hashem & Vahey, Shaun P.  The cost
            efficiency of U.K. debt management: a recursive modelling   
            approach.  42p.                                             
     350    Eichner, Thomas & Pethig, Rudiger.  Corrective taxation for 
            curbing pollution and promoting green product design and    
            recycling.  26p.                                            
     336    Fehr, Ernst & Gachter, Simon.  Fairness and retaliation: the
            economics of reciprocity.  26p.                             
     335    Fehr, Ernst & Gotte, Lorenz.  The robustness and real       
            consequences of nominal wage rigidity.  45p.                
     348    Fuest, Clemens & Huber, Bernd.  The optimal taxation of     
            dividends in a small open economy.  15p.                    
     345    Garratt, Anthony, et al.  Forecast uncertainties in         
            macroeconometric modelling: an application to the U.K.      
            economy.  52p.                                              
     347    Michael, Michael S. & Hatzipanayotou, Panos.  Welfare       
            effects of migration in societies with indirect taxes,      
            income transfers and public good provision.  29p.           
     349    Philippopoulos, Apostolis & Economides, George.  Are Nash   
            tax rates too low or too high? An example of the role of    
            economic growth in models with public goods.  26p.          
     337    Razin, Assaf & Sadka, Efraim.  Interactions between         
            international migration and the welfare state.  36p.        
     344    Wildasin, David E.  Factor mobility and fiscal policy in the
            EU: policy issues and analytical approaches.  39p.          
     384    Agell, Jonas.  On the determinants of labour market         
            institutions: rent-sharing vs. social insurance.  40p.      
     383    Agell, Jonas & Persson, Mats.  On the analytics of the      
            dynamic Laffer curve.  26p.                                 
     358    Asche, Frank, Osmundsen, Petter & Tveteras, Ragnar.         
            European market integration for gas?  Volume flexibility and
            political risk.  24p.                                       
     392    Asheim, Geir B. & Buchholz, Wolfgang.  The malleability of  
            undiscounted utilitarianism as a criterion of               
            intergenerational justice.  22p.                            
     373    Baye, Michael R., Kovenock, Dan & de Vries, Casper G.       
            Comparative analysis of litigation systems: an              
            auction-theoretic approach.  38p.                           
     372    Bentolila, Samuel & Ichino, Andrea.  Unemployment and       
            consumption: are job losses less painful near the           
            Mediterranean?.  39p.                                       
     374    Binder, Michael, Hsiao, Cheng & Pesaran, M. Hashem.         
            Estimation and inference in short panel vector              
            autoregressions with unit roots and cointegration.  63p.    
     390    Bjorvatn, Kjetil & Schjelderup, Guttorm.  Tax competition   
            and international public goods.  17p.                       
     375    Bortolotti, Bernardo, Siniscalco, Domenico & Fantini,       
            Marcella.  Privatisation and institutions: a cross-country  
            analysis.  39p.                                             
     357    Bos, Dieter & Kolmar, Martin.  Anarchy, efficiency, and     
            redistribution.  32p.                                       
     340    Bottazzi, Laura & Peri, Giovanni.  Innovation and           
            spillovers: evidence from European regions.  51p.           
     367    Bradford, David F., Schlieckert, Rebecca & Shore, Stephen H.
             The environmental Kuznets curve: explaining a fresh        
            specification.  37p.                                        


                                                           PAGE  41

     395    Brakman, Steven, Garretsen, Harry & Schramm, Marc.  The     
            empirical relevance of the new economic geography: testing  
            for a spatial wage structure in Germany.  23p.              
     393    Burda, Michael C. & Dluhosch, Barbara.  Cost competition,   
            fragmentation and globalization.  26p.                      
     365    Carling, Kenneth, Holmlund, Bertil & Vejsiu, Altin.  Do     
            benefit cuts boost job findings?  Swedish evidence from the 
            1990s.  31p.                                                
     394    Cigno, Alessandro, Casolaro, Luca & Rosati, Furio C.  The   
            role of social security in household decisions: VAR         
            estimates of saving and fertility behaviour in Germany.     
            15p.                                                        
     342    Cnossen, Sijbren & Bovenberg, Lans.  Fundamental tax reform 
            in the Netherlands.  19p.                                   
     364    Corneo, Giacomo.  The efficient side of progressive income  
            taxation.  17p.                                             
     398    Corneo, Giacomo.  Inequality and the state: comparing U.S.  
            and German preferences.  18p.                               
     400    Dixit, Avinash & Jensen, Henrik.  Equilibrium contracts for 
            the central bank of a monetary union.  16p.                 
     354    Dutta, Sunil & Reichelstein, Stefan.  Controlling investment
            decisions: hurdle rates and intertemporal cost allocation.  
            32p.                                                        
     361    Economides, George & Philippopoulos, Apostolis.  Pollution  
            and resource extraction: do they matter for the dynamics of 
            growth?.  30p.                                              
     402    Eggert, Wolfgang & Kolmar, Martin.  Residence-based capital 
            taxation: why information is voluntarily exchanged and why  
            it is not.  26p.                                            
     369    Egli, Dominik & Westermann, Frank.  Optimal tariffs and     
            subsidies and changes in market structure.  11p.            
     355    Eicher, Theo & Garcia-Penalosa, Cecilia.  Inequality and    
            growth: the dual role of human capital in development.  34p.
     366    Fenge, Robert & von Weizsacker, Jakob.  How much fiscal     
            equalisation?.  15p.                                        
     338    Fleming, Wendell H. & Stein, Jerome L.  Stochastic          
            intertemporal optimization in discrete time.  22p.          
     397    Funke, Michael & Rahn, Jorg.  How efficient is the East     
            German economy?  An exploration with micro data.  19p.      
     406    Gersbach, Hans.  Competition of politicians for incentive   
            contracts and elections.  20p.                              
     380    Glazer, Amihal & Kanniainen, Vesa.  Term length and the     
            quality of appointments.  14p.                              
     399    Hansen, Claus T. & Kleven, Henrik J.  The role of taxes as  
            automatic destabilizers in new Keynesian economics.  12p.   
     363    Hartog, Joop, Ferrer-i-Carbonell, Ada & Jonker, Nicole.  On 
            a simple survey measure of individual risk aversion.  29p.  
     360    Hatzipanayotou, Panos, Lahiri, Sajal & Michael, Michael S.  
            Can cross-border pollution reduce pollution?.  19p.         
     376    Haufler, Andreas, Schjelderup, Guttorm & Stahler, Frank.    
            Commodity taxation and international trade in imperfect     
            markets.  31p.                                              
     396    Heer, Burkhard & Schabert, Andreas.  Open market operations 
            as a monetary policy shock measure in a quantitative        
            business cycle model.  32p.                                 



                                                           PAGE  42

     341    Heijdra, Ben J & Keuschnigg, Christian.  Integration and    
            search unemployment: an analysis of Eastern EU enlargement. 
            38p.                                                        
     356    Ilmakunnas, Pekka & Kanniainen, Vesa.  Entrepreneurship,    
            economic risks, and risk insurance in the welfare state:    
            results with OECD data, 1978-93.  31p.                      
     379    Kanniainen, Vesa & Leppamaki, Mikko.  Entrepreneurship in a 
            unionised economy.  27p.                                    
     359    Kanniainen, Vesa & Vesala, Timo.  Enterprise formation and  
            labor market institutions.  19p.                            
     381    Kanniainen, Vesa & Keuschnigg, Christian.  The optimal      
            portfolio of start-up firms in venture capital finance.     
            10p.                                                        
     371    Keen, Michael & Wildasin, David E.  Pareto efficiency in    
            international taxation.  20p.                               
     343    Kleiber, Christian & Kramer, Walter.  Efficiency, equity,   
            and generalized Lorenz dominance.  13p.                     
     382    Leininger, Wolfgang.  Auction theory from an all-pay view:  
            buying binary lotteries.  23p.                              
     401    Lengwiler, Yvan & Wolfstetter, Elmar.  Auctions and         
            corruption.  24p.                                           
     387    Malley, Jim & Moutos, Thomas.  Vertical product             
            differentiation and the import demand function: theory and  
            evidence.  35p.                                             
     339    Marin, Dalia & Schnitzer, Monika.  Disorganization and      
            financial collapse.  33p.                                   
     389    Meier, Volker.  Choosing between school systems.  10p.      
     385    Moutos, Thomas.  Neutral technological change and the skill 
            premium.  10p.                                              
     386    Moutos, Thomas & Scarth, William.  Work-sharing: an         
            efficiency-wage analysis.  30p.                             
     368    Ortuno-Ortin, Ignacio & Schultz, Christian.  Public funding 
            of political parties.  32p.                                 
     362    Paelinck, Jean H.P.  Controlling complexity in spatial      
            modeling.  16p.                                             
     377    Sinn, Hans-Werner & Reutter, Michael.  The minimum inflation
            rate for Euroland.  17p.                                    
     378    Sinn, Hans-Werner & Westermann, Frank.  Two Mezzogiornos.   
            35p.                                                        
     391    Wrede, Matthias.  Income splitting: is it good for both     
            partners in the marriage?.  16p.                            
     388    Wigger, Berthold U.  On the intergenerational incidence of  
            wage and consumption taxes.  26p.                           
     370    Wildasin, David E.  Fiscal competition in space and time.   
            27p.                                                        
     407    Berger, Helge, Hefeker, Carsten & Schob, Ronnie.  Optimal   
            central bank conservatism and monopoly trade unions.  22p.  
     414    Brunello, Giorgio, et al.  Beyond national institutions:    
            labor taxes and regional unemployment in Italy.  27p.       
     412    Brunner, Johann K. & Pech, Susanne.  Adverse selection in   
            the annuity market when payoffs vary over the time of       
            retirement.  21p.                                           
     420    Cheung, Yin-Wong & Westermann, Frank.  Equity price dynamics
            before and after the introduction of the Euro: a note.  23p.




                                                           PAGE  43

     410    Eicher, Theo & Osang, Thomas.  Politics and trade policy: an
            empirical investigation.  31p.                              
     403    Fehr, Ernst & Schmidt, Klaus M.  Theories of fairness and   
            reciprocity: evidence and economic applications.  56p.      
     408    Feist, Holger.  The enlargement of the European Union and   
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     411    Gradstein, Mark, Milanovic, Branko & Ying, Yvonne.          
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     413    Gylfason, Thorvaldur.  Nature, power, and growth.  32p.     
     421    Harms, Philipp & Ursprung, Heinrich W.  Do civil and        
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     409    Koskela, Erkki & Ollikainen, Markku.  Optimal forest        
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                                                           PAGE  44

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                                                           PAGE  45

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                                                           PAGE  46

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                                                           PAGE  47

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     539    Cnossen, Sijbren.  How should tobacco be taxed in           
            EU-accession countries?.  21p.                              



                                                           PAGE  48

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            output convergence: a re-examination.  29p.                 


                                                           PAGE  49

     200017 D'Souza, Patrick.  Automatic conversion in venture capital  
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                                                           PAGE  50

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                                                           PAGE  51

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     8044   Danthine, Jean-Pierre, Giavazzi, Francesco & von Thadden,   
            Ernst-Ludwig.  European financial markets after EMU: a first
            assessment.  65p.                                           
     8009   Deasi, Mihir A. & Hines, James R.  The uneasy marriage of   
            export incentives and the income tax.  66p.                 
     8004   Donohue, John J. & Levitt, Stephen D.  The impact of        
            legalized abortion on crime.  64p.                          
     8061   Duflo, Esther.  Grandmothers and granddaughters: old age    
            pension and intra-household allocation in South Africa.     
            36p.                                                        
     8035   Eichengreen, Barry.  The EMS crisis in retrospect.  63p.    
     8031   Ellwood, David T. & Liebman, Jeffrey B.  The middle class   
            parent penalty: child benefits in the U.S. Tax Code.  51p.  
     8032   Engen, Eric M. & Gale, William G.  The effect of 401(k)     
            plans on household wealth: differences across earnings      
            groups.  54p.                                               
     8055   Figlio, David N. & Page, Marianne E.  School choice and the 
            distributional effects of ability tracking: does separation 
            increase equality?.  36p.                                   
     8019   Figlio, David N. & Lucas, Maurice E.  What's in a grade?:   
            School report cards and house prices.  31p.                 
     8045   Finkelstein, Amy & Poterba, James.  Adverse selection in    
            insurance markets: policyholder evidence from the U.K.      
            annuity market.  43p.                                       
     8050   Freeman, Richard B., Kleiner, Morris M. & Ostroff, Cheri.   
            The anatomy of employee involvement in its effects on firms 
            and workers.  34p.                                          
     8058   Freeman, Richard B. & Oostendorp, Remco H.  Wages around the
            world: pay across occupations and countries.  41p.          
     8057   Friedman, Benjamin M.  Monetary policy.  32p.               
     8047   Friedman, Benjamin M.  The role of interest rates in Federal
            Reserve policymaking.  34p.                                 
     8054   Garces, Eliana, Thomas, Duncan & Currie, Janet.  Longer term
            effects of Head Start.  24p.                                
     8017   Garicano, Luis & Kaplan, Steven N.  The effects of          
            business-to-business e-commerce on transaction costs.  51p. 
     8025   Gerlach, Stefan & Svensson, Lars E.O.  Money and inflation  
            in the Euro area: a case for monetary indicators?.  22p.    
     8053   Glaeser, Edward & Scheinkman, Jose A.  Non-market           
            interactions.  36p.                                         
     8034   Glaeser, Edward L. & Sacerdote, Bruce.  The social          
            consequences of housing.  30p.                              
     8018   Glewwe, Paul, et al.  Retrospective vs. prospective analyses
            of school inputs: the case of flip charts in Kenya.  41p.   
     8021   Gruber, Jonathan & Lettau, Michael.  How elastic is the     
            firm's demand for health insurance?.  45p.                  
     8052   Hall, Brian J. & Murphy, Kevin J.  Stock options for        
            undiversified executives.  49p.                             
     8016   Hamermesh, Daniel S.  12 million salaried workers are       
            missing.  27p.                                              
     8013   Hanson, Gordon H.  Scale economies and the geographic       
            concentration of industry.  37p.                            




                                                           PAGE  52

     8007   Hotz, V. Joseph, Imbens, Guido W. & Klerman, Jacob A.  The  
            long-run gains from GAIN: a re-analysis of the impacts of   
            the California GAIN program.  63p.                          
     8030   House, Christopher L. & Leahy, John V.  An sS model with    
            adverse selection.  27p.                                    
     8003   Kane, Edward J. & Rice, Tara.  Bank runs and banking        
            policies: lessons for African policymakers.  39p.           
     8010   Knetter, Michael M. & Prusa, Thomas J.  Macroeconomic       
            factors and antidumping filings: evidence from four         
            countries.  40p.                                            
     8022   Manuelli, Rodolfo E.  Technological change, the labor market
            and the stock market.  46p.                                 
     8038   Mulkay, Benoit, Hall, Bronwyn H. & Mairesse, Jacques.  Firm 
            level investment and R & D in France and the United States: 
            a comparison.  47p.                                         
     8002   Ogawa, Eiji & Ito, Takatoshi.  On the desirability of a     
            regional basket currency arrangement.  39p.                 
     8024   Pakes, Ariel.  A framework for applied dynamic analysis in  
            I.O.  54p.                                                  
     8029   Saez, Emmanuel.  The desirability of commodity taxation     
            under non-linear income taxation and heterogeneous tastes.  
            18p.                                                        
     8037   Saez, Emmanuel.  The optimal treatment of tax expenditures. 
            37p.                                                        
     8060   Schneider, Martin & Tornell, Aaron.  Balance sheet effects, 
            bailout guarantees and financial crises.  58p.              
     8040   Storesletten, Kjetil, Telmer, Chris I. & Yaron, Amir.  The  
            welfare cost of business cycles revisited: finite lives and 
            cyclical variations in idiosyncratic risk.  31p.            
     8012   Taylor, Alan M.  A century of purchasing-power parity.  20p.
     8049   Williams, Roberton C.  Environmental tax interactions when  
            pollution affects health or productivity.  24p.             
     8048   Williams, Roberton C.  Health effects in a model of         
            second-best environmental taxation or `reconsidering the    
            tax-interaction effect'.  13p.                              
     8083   Acemoglu, Daron & Ventura, Jaume.  The world income         
            distribution.  39p.                                         
     8079   Anderson, James E. & van Wincoop, Eric.  Gravity with       
            gravitas: a solution to the border puzzle.  35p.            
     8122   Auerbach, Alan J. & Bradford, David F.  Generalized cash    
            flow taxation.  35p.                                        
     8089   Bebchuk, Lucian A. & Walker, David I.  The overlooked       
            corporate finance problems of a Microsoft breakup.  35p.    
     8068   Bernard, Andrew B., Jensen, J. Bradford & Schott, Peter K.  
            Factor price equality and the economies of the United       
            States.  47p.                                               
     8120   Blanchard, Olivier & Giavazzi, Francesco.  Macroeconomic    
            effects of regulation and deregulation in goods and labor   
            markets.  43p.                                              
     8100   Bordo, Michael & Schwartz, Anna J.  From the Exchange       
            Stabilization Fund to the International Monetary Fund.  27p.
     8092   Boyd, John H., Jagannathan, Ravi & Hu, Jian.  The stock     
            market's reaction to unemployment news: why bad news is     
            usually good for stocks.  41p.                              




                                                           PAGE  53

     8064   Brown, Jeffrey R. & Warshawsky, Mark J.  Longevity-insured  
            retirement distributions from pension plans: market and     
            regulatory issues.  55p.                                    
     8111   Cappelli, Peter & Neumark, David.  External job churning and
            internal job flexibility.  36p.                             
     8086   Carlton, Dennis W. & Waldman, Michael.  Competition,        
            monopoly, and aftermarkets.  51p.                           
     8105   Carlton, Dennis W.  A general analysis of exclusionary      
            conduct and refusal to deal: why Aspen and Kodak are        
            misguided.  31p.                                            
     8067   Carlton, Dennis W. & Chevalier, Judith A.  Free riding and  
            sales strategies for the Internet.  33p.                    
     8082   Chan, Sewin & Stevens, Ann H.  Retirement incentives and    
            expectations.  38p.                                         
     8073   Choe, Hyuk, Kho, Bong-Chan & Stulz, Rene M.  Do domestic    
            investors have more valuable information about individual   
            stocks than foreign investors?.  41p.                       
     8066   Cochrane, John H.  The risk and return of venture capital.  
            39p.                                                        
     8090   Currie, Janet & Hotz, V. Joseph.  Accidents will happen?    
            Unintentional injury, maternal employment, and child care   
            policy.  44p.                                               
     8099   Deaton, Angus.  Relative deprivation, inequality, and       
            mortality.  45p.                                            
     8121   Desai, Mihir A. & Hines, James R.  Exchange rates and       
            tax-based export promotion.  24p.                           
     8123   Dor, Avi.  Administered prices and suboptimal prevention:   
            evidence from the Medicare dialysis program.  29p.          
     8091   Doyle, Suzanne, Mitchell, Olivia S. & Piggott, John.        
            Annuity values in defined contribution retirement systems:  
            the case of Singapore and Australia.  29p.                  
     8093   Durnev, Artyom, Morck, Randall & Yeung, Bernard.  Does firm 
            specific information in stock prices guide capital          
            allocation?.  64p.                                          
     8070   Eaton, Jonathan & Kortum, Samuel.  Trade in capital goods.  
            52p.                                                        
     8076   Edwards, Sebastian.  Capital mobility and economic          
            performance: are emerging economies different?.  32p.       
     8102   Elliott, Kimberly A. & Freeman, Richard B.  White hats or   
            Don Quixotes?  Human rights vigilantes in the global        
            economy.  58p.                                              
     8116   Evans, Martin D.D.  FX trading and exchange rate dynamics.  
            68p.                                                        
     8074   Feldstein, Martin & Ranguelova, Elena.  Individual risk in  
            an investment-based Social Security system.  19p.           
     8101   Fernandez, Raquel.  Sorting, education and inequality.  52p.
     8108   Fishback, Price V., Horrace, William C. & Kantor, Shawn.    
            The impact of New Deal expenditures on local economic       
            activity: an examination of retail sales, 1929-1939.  48p.  
     8110   Froot, Kenneth A.  The market for catastrophe risk: a       
            clinical examination.  43p.                                 
     8106   Froot, Kenneth A. & Posner, Steven E.  The pricing of event 
            risks with parameter uncertainty.  16p.                     
     8117   Glaeser, Edward L. & Kahn, Matthew E.  Decentralized        
            employment and the transformation of the American city.     
            68p.                                                        


                                                           PAGE  54

     8107   Gourinchas, Pierre-Olivier & Parker, Jonathan A.  The       
            empirical importance of precautionary savings.  13p.        
     8075   Greenan, Nathalie, Mairesse, Jacques & Topiol-Bensaid,      
            Agnes.  Information technology and research and development 
            impacts on productivity and skills: looking for correlations
            on.  34p.                                                   
     8109   Grossman, Herschel I. & Mendoza, Juan.  Annexation or       
            conquest?  The economics of empire building.  28p.          
     8103   Gruber, Jonathan & Wise, David.  An international           
            perspective on policies for an aging society.  32p.         
     8063   Ham, John C. & Shore-Sheppard, Lara D.  The effect of       
            Medicaid expansions for low-income children on Medicaid     
            participation and insurance coverge from the .  51p.        
     8088   Hanson, Gordon H. & Feenstra, Robert C.  Intermediaries in  
            Entrepot trade: Hong Kong re-exports of Chinese goods.  46p.
     8112   Haskel, Jonathan & Wolf, Holger.  The law of one price: a   
            case study.  20p.                                           
     8124   Hatton, Timothy J. & Williamson, Jeffrey G.  Demographics   
            and economic pressure on emigration out of Africa.  35p.    
     8065   Heidenreich, Paul A., et al.  The relation between managed  
            care market share and the treatment of elderly fee for      
            service patients with myocardia.  23p.                      
     8078   Hotz, V. Joseph & Scholz, John K.  The earned income tax    
            credit.  80p.                                               
     8113   Hsieh, Chang-Tai & Romer, Christina D.  Was the Federal     
            Reserve fettered?  Devaluation expectations in the 1932     
            monetary expansion.  58p.                                   
     8115   Ireland, Peter N.  Money's role in the monetary business    
            cycle.  32p.                                                
     8098   Jagannathan, Ravi & Wang, Zhenyu.  Empirical evaluation of  
            asset pricing models: a comparison of the SDF and beta      
            methods.  38p.                                              
     8081   Jovanovic, Boyan & Rousseau, Peter L.  Why wait?  A century 
            of life before IPO.  14p.                                   
     8104   Kraay, Aart & Ventura, Jaume.  Comparative advantage and the
            cross-section of business cycles.  50p.                     
     8094   Lazear, Edward P.  The Peter Principle: promotions and      
            declining productivity.  28p.                               
     8084   Lipsey, Robert E.  Foreign direct investors in three        
            financial crises.  50p.                                     
     8114   McArthur, John W. & Sachs, Jeffrey D.  Institutions and     
            geography: comment on Acemoglu, Johnson and Robinson (2000).
             22p.                                                       
     8077   McGrattan, Ellen R. & Prescott, Edward C.  Is the stock     
            market overvalued?.  39p.                                   
     8069   Meltzer, David & Chung, Jeannette.  Effects of competition  
            under prospective payment on hospital costs among high and  
            low cost admissions: evidence fro.  49p.                    
     8087   Mishkin, Frederic S.  Financial policies and the prevention 
            of financial crises in emerging market countries.  40p.     
     8095   Nordhaus, William D.  Alternative methods for measuring     
            productivity growth.  19p.                                  
     8097   Nordhaus, William D.  New data and output concepts for      
            understanding productivity trends.  35p.                    




                                                           PAGE  55

     8096   Nordhaus, William D.  Productivity growth and the new       
            economy.  48p.                                              
     8126   Philipson, Tomas J. & Posner, Richard A.  Antitrust and the 
            not-for-profit sector.  13p.                                
     8118   Rigobon, Roberto.  Contagion: how to measure it?.  78p.     
     8080   Sacerdote, Bruce & Glaeser, Edward L.  Education and        
            religion.  52p.                                             
     8119   Sachs, Jeffrey D.  Tropical underdevelopment.  38p.         
     8085   Sinn, Hans-Werner & Reutter, Michael.  The minimum inflation
            rate for Euroland.  18p.                                    
     8125   Sinn, Hans-Werner & Westermann, Frank.  Two Mezzogiornos.   
            36p.                                                        
     8072   Woodford, Michael.  Fiscal requirements for fiscal          
            stability.  78p.                                            
     8071   Woodford, Michael.  Inflation stabilization and welfare.    
            52p.                                                        
     8062   Yitzhaki, Shlomo.  A public finance approach to assessing   
            poverty alleviation.  29p.                                  
     8132   Abel, Andrew B.  An exploration of the effects of pessimism 
            and doubt on asset returns.  28p.                           
     8131   Abel, Andrew B.  Will bequests attenuate the predicted      
            meltdown in stock prices when baby boomers retire?.  16p.   
     8169   Abrego, Lisandro, Riezman, Raymond & Whalley, John.  How    
            reasonable are assumptions used in theoretical models?      
            Computational evidence on the likelihood of trade patte.    
            14p.                                                        
     8162   Alizadeh, Sassan, Brandt, Michael W. & Diebold, Francis X.  
            High- and low-frequency exchange rate volatility dynamics:  
            range-based estimation of stochastic volatility models.     
            63p.                                                        
     8160   Andersen, Torben G., et al.  Modeling and forecasting       
            realized volatility.  45p.                                  
     8139   Albanesi, Stefania, Chari, V.V & Christiano, Lawrence J.    
            How severe is the time inconsistency problem in monetary    
            policy?.  37p.                                              
     8127   Alt-Sahalia, Yacine & Brandt, Michael W.  Variable selection
            for portfolio choice.  68p.                                 
     8144   Altshuler, Rosanne & Grubert, Harry.  Repatriation taxes,   
            repatriation strategies and multinational financial policy. 
            45p.                                                        
     8138   Auerbach, Alan J. & Hines, James R.  Perfect taxation with  
            imperfect competition.  36p.                                
     8181   Auerbach, Alan J. & Hines, James R.  Taxation and economic  
            efficiency.  114p.                                          
     8149   Beaudry, Paul & Green, David A.  Population growth,         
            technological adoption and economic outcomes: a theory of   
            cross-country differences for the info.  70p.               
     8148   Bebchuk, Lucian A. & Ferrell, Allen.  A new approach to     
            takeover law and regulatory competition.  60p.              
     8134   Bradley, Cathy J., Bednarek, Heather & Neumark, David.      
            Breast cancer survival, work, and earnings.  45p.           
     8173   Brown, Stephen J. & Goetzmann, William N.  Hedge funds with 
            style.  33p.                                                
     8141   Caballero, Ricardo J. & Krishnamurthy, Arvind.              
            International liquidity illusion: on the risks of           
            sterilization.  34p.                                        


                                                           PAGE  56

     8130   Caselli, Francesco & Coleman, Wilbur J.  Cross-country      
            technology diffusion: the case of computers.  24p.          
     8151   Chen, Joseph, Hong, Harrison & Stein, Jeremy C.  Breadth of 
            ownership and stock returns.  47p.                          
     8182   Cooper, Russell & Ejarque, Joao.  Exhuming Q: market power  
            vs. capital market imperfections.  21p.                     
     8167   Dai, Qiang & Singleton, Kenneth J.  Expectation puzzles,    
            time-varying risk premia, and dynamic models of the term    
            structure.  32p.                                            
     8140   Devroye, Dan & Freeman, Richard.  Does inequality in skills 
            explain inequality of earnings across advanced countries?.  
            33p.                                                        
     8128   Dominguez, Kathryn M.E. & Tesar, Linda L.  A re-examination 
            of exchange rate exposure.  9p.                             
     8129   Dominguez, Kathryn M.E. & Tesar, Linda L.  Trade and        
            exposure.  9p.                                              
     8146   Engel, Eduardo M.R.A., Fischer, Ronald D. & Galetovic,      
            Alexander.  How to auction an essential facility when       
            underhand integration is possible.  27p.                    
     8176   Feenstra, Robert C. & Shapiro, Matthew D.  High-frequency   
            substitution and the measurement of price indexes.  34p.    
     8155   Freeman, Richard B.  The rising tide lifts..?.  38p.        
     8143   Genesove, David & Mayer, Christopher.  Loss aversion and    
            seller behavior: evidence from the housing market?.  40p.   
     8145   Genesove, David & Mullin, Wallace P.  Rules, communication  
            and collusion: narrative evidence from the Sugar Institute  
            case.  61p.                                                 
     8184   Glaeser, Edward L. & Shleifer, Andrei.  A case for quantity 
            regulation.  11p.                                           
     8170   Gokhale, Jagadeesh, Kotlikoff, Laurence J. & Warshawsky,    
            Mark J.  Life-cycle saving, limits on contributions to DC   
            pension plans, and lifetime tax benefits.  43p.             
     8137   Goldberg, Linda & Tracy, Joseph.  Exchange rates and wages. 
            30p.                                                        
     8189   Gordon, Roger H. & Wilson, John D.  Expenditure competition.
             20p.                                                       
     8153   Grogger, Jeffrey.  The effects of time limits and other     
            policy changes on welfare use, work, and income among       
            female-headed families.  47p.                               
     8165   Gyourko, Joseph & Sinai, Todd.  The spatial distrbution of  
            housing-related tax benefits in the United States.  67p.    
     8188   Hadass, Yael S. & Williamson, Jeffrey G.  Terms of trade    
            shocks and economic performance, 1870-1940: Prebisch and    
            Singer revisited.  57p.                                     
     8161   Hermalin, Benjamin E. & Weisbach, Michael S.  Boards of     
            directors as an endogenously determined institution: a      
            survey of the economic literature.  39p.                    
     8136   Ireland, Peter N.  The real balance effect.  47p.           
     8172   Jagannathan, Ravi, McGrattan, Ellen R. & Scherbina, Anna.   
            The declining U.S. equity premium.  42p.                    
     8157   Joskow, Paul & Kahn, Edward.  A quantitative analysis of    
            pricing behaviour in California's wholesale electricity     
            market during summer 2000.  37p.                            
     8166   Jovanovic, Boyan & Rousseau, Peter L.  Vintage organization 
            capital.  31p.                                              



                                                           PAGE  57

     8135   Judd, Kenneth L. & Guu, Sy-Ming.  Asymptotic methods for    
            asset market equilibrium analysis.  46p.                    
     8156   Kane, Thomas J. & Staiger, Douglas O.  Improving school     
            accountability measures.  56p.                              
     8142   Kaplan, Ethan & Rodrik, Dani.  Did the Malaysian capital    
            controls work?.  47p.                                       
     8183   Katkar, Rama & Lucking-Reiley, David.  Public versus secret 
            reserve prices in eBay auctions: results from a Pokemon     
            field experiment.  31p.                                     
     8150   Keller, Wolfgang.  The geography and channels of diffusion  
            it the world's technology frontier.  51p.                   
     8158   Kopczuk, Wojciech & Slemrod, Joel.  Dying to save taxes:    
            evidence from estate tax returns on the death elasticity.   
            30p.                                                        
     8179   Lafontaine, Francine & Oxley, Joanne.  International        
            franchising: evidence from U.S. and Canadian franchisors in 
            Mexico.  43p.                                               
     8147   Lichtenberg, Frank R.  The benefits and costs of newer      
            drugs: evidence from the 1996 Medical Expenditures Panel    
            Survey.  25p.                                               
     8174   McCallum, Bennett T.  Monetary policy analysis in models    
            without money.  39p.                                        
     8175   McCallum, Bennett T. & Nelson, Edward.  Monetary policy for 
            an open economy: an alternative framework with optimizing   
            agents and sticky prices.  35p.                             
     8159   Mulligan, Casey B.  Aggregate implications of indivisible   
            labor.  44p.                                                
     8152   Neumark, David.  Age discrimination legislation in the      
            United States.  44p.                                        
     8168   Newhouse, Joseph P.  Medical care price indices: problems   
            and opportunities (the Chung-Hua lectures).  53p.           
     8154   Persson, Torsten, Tabellini, Guido & Trebbi, Francesco.     
            Electoral rules and corruption.  41p.                       
     8177   Rajan, Raghuram G. & Zingales, Luigi.  The influence of the 
            financial revolution on the nature of firms.  12p.          
     8171   Razin, Assaf & Sadka, Efraim.  Country risk and capital flow
            reversals.  8p.                                             
     8164   Reese, William A. & Weisbach, Michael S.  Protection of     
            minority shareholder interests, cross-listings in the United
            States, and subsequent equity offerings.  42p.              
     8185   Ramler, Dahlia K., Rachlin, Jason E. & Glied, Sherry A.     
            What can the take-up of other programs teach us about how to
            improve take-up of health insurance programs?.  23p.        
     8133   Silverman, Elaine & Skinner, Jonathan.  Are for-profit      
            hospitals really different?: Medicare upcoding and market   
            structure.  35p.                                            
     8180   Stock, James H. & Watson, Mark W.  Forecasting output and   
            inflation: the role of asset prices.  72p.                  
     8187   Wei, Shang-Jin & Wu, Yi.  Negative alchemy?: corruption,    
            composition of capital flows, and currency crises.  51p.    
     8198   Alesina, Alberto, Di Tella, Rafael & MacCulloch, Robert.    
            Inequality and happiness: are Europeans and Americans       
            different?.  37p.                                           
     8267   Alesina, Alberto & La Ferrara, Eliana.  Preferences for     
            redistribution in the land of opportunities.  41p.          



                                                           PAGE  58

     8234   Allen, Todd W. & Carroll, Christopher D.  Individual        
            learning about consumption.  18p.                           
     8207   Ang, Andrew & Bekaert, Gert.  Stock return predictability:  
            is it there?.  51p.                                         
     8241   Attanasio, Orazio P. & Emmerson, Carl.  Differential        
            mortality in the U.K.  33p.                                 
     8203   Auerbach, Alan J.  Taxation and corporate financial policy. 
            64p.                                                        
     8206   Azuma, Yoshiaki & Grossman, Herschel I.  Educational        
            inequality.  22p.                                           
     8243   Baily, Martin N. & Lawrence, Robert Z.  Do we have a new    
            e-conomy?.  11p.                                            
     8270   Ball, Laurence & Mankiw, N. Gregory.  Intergenerational risk
            sharing in the spirit of Arrow, Debreu, and Rawls, with     
            applications to social security desi.  39p.                 
     8197   Bamberger, Gustavo E., Carlton, Dennis W. & Neumann, Lynette
            R.  An empirical investigation of the competitive effects of
            domestic airline alliances.  29p.                           
     8190   Barberis, Nicholas & Huang, Ming.  Mental accounting, loss  
            aversion, and individual stock returns.  55p.               
     8276   Bebchuk, Lucian A. & Fried, Jesse M.  A new approach to     
            valuing secured claims in bankruptcy.  85p.                 
     8235   Bebchuk, Lucian A. & Ben-Shahar, Omri.  Pre-contractual     
            reliance.  50p.                                             
     8245   Bekaert, Geert, Harvey, Campbell R. & Lundblad, Christian.  
            Does financial liberalization spur growth?.  64p.           
     8211   Bertrand, Marianne & Kramarz, Francis.  Does entry          
            regulation hinder job creation?  Evidence from the French   
            retail industry.  46p.                                      
     8219   Blanchard, Olivier & Landier, Augustin.  The perverse       
            effects of partial labor market reform: fixed duration      
            contracts in France.  43p.                                  
     8210   Blau, Francine D. & Kahn, Lawrence M.  Do cognitive test    
            scores explain higher U.S. wage inequality?.  47p.          
     8200   Blau, Francine D. & Kahn, Lawrence M.  Understanding        
            international differences in the gender pay gap.  60p.      
     8266   Bruegel, Martin & Galenson, David W.  Measuring masters and 
            masterpieces: French rankings of French painters and        
            paintings from realism to surrealism.  42p.                 
     8238   Buchmueller, Thomas C., Di Nardo, John & Valletta, Robert G.
             Union effects on health insurance provisions and coverage  
            in the United States.  34p.                                 
     8277   Burnside, Craig, Eichenbaum, Martin & Rebelo, Sergio.  On   
            the fiscal implications of twin crises.  38p.               
     8221   Campbell, John Y. & Shiller, Robert J.  Valuation ratios and
            the long-run stock market outlook: an update.  41p.         
     8216   Capps, Cory S., et al.  The silent majority fallacy of the  
            Elzinga-Hogarty criteria: a critique and new approach to    
            analyzing hospital merg.  50p.                              
     8233   Carroll, Christopher D.  Precautionary saving and the       
            marginal propensity to consume out of permanent income.     
            17p.                                                        
     8265   Chari, Anusha & Henry, Peter B.  Stock market               
            liberalizations and the repricing of systematic risk.  39p. 




                                                           PAGE  59

     8271   Clay, Karen, Krishnan, Ramayya & Wolff, Eric.  Prices and   
            price dispersion on the web: evidence from the online book  
            industry.  42p.                                             
     8242   Cohen, Randolph B., Polk, Christopher & Vuolteenaho, Tuomo. 
            The value spread.  39p.                                     
     8230   Corsetti, Giancarlo & Pesenti, Paolo.  International        
            dimensions of optimal monetary policy.  43p.                
     8195   Den Haan, Wouter J. & Sumner, Steven.  The comovements      
            between real activity and prices in the G7.  33p.           
     8253   Dickens, Richard & Ellwood, David T.  Whither poverty in    
            Great Britain and the United States?  The determinants of   
            changing poverty and whether work will.  82p.               
     8275   Edwards, Sebastian.  Does the current account matter?.  69p.
     8274   Edwards, Sebastian.  Dollarization and economic performance:
            an empirical investigation.  27p.                           
     8201   Eldenburg, Leslie, et al.  Hospital governance, performance 
            objectives, and organizational form.  36p.                  
     8251   Elfenbein, Dan & Lerner, Josh.  Links and hyperlinks: an    
            empirical analysis of Internet portal alliances, 1995-1999. 
            61p.                                                        
     8268   Evans, David S. & Schmalensee, Richard.  Some economic      
            aspects of antitrust analysis in dynamically competitive    
            industries.  67p.                                           
     8264   Feldstein, Martin.  Economic problems of Ireland in Europe. 
            18p.                                                        
     8194   Forbes, Kristin J.  Are trade linkages important            
            determinants of country vulnerability to crises?.  65p.     
     8236   Fuchs, Victor.  The financial problems of the elderly: a    
            holistic approach.  28p.                                    
     8205   Gale, William G. & Slemrod, Joel.  Rethinking the estate and
            gift tax: overview.  85p.                                   
     8218   Gali, Jordi, Gertler, Mark & Lopez-Salido, J. David.        
            European inflation dynamics.  29p.                          
     8272   Glaeser, Edward L. & Shleifer, Andrei.  Legal origins.  45p.
     8209   Goldberg, Linda S.  When is U.S. bank lending to emerging   
            markets volatile?.  27p.                                    
     8239   Goldin, Claudia.  The human capital century and American    
            leadership virtues of the past.  42p.                       
     8193   Gordon, Roger & Gaspar, Vitor.  Home bias in portfolios and 
            taxation of asset income.  23p.                             
     8249   Gourinchas, Pierre-Olivier, Valdes, Rodrigo & Landerretche, 
            Oscar.  Lending booms: Latin America and the world.  60p.   
     8269   Guryan, Jonathan.  Does money matter?  Regression           
            discontinuity estimates from education finance reform in    
            Massachusetts.  53p.                                        
     8229   Gustman, Alan L. & Steinmeier, Thomas L.  Retirement and    
            wealth.  67p.                                               
     8220   Holmstrom, Bengt & Kaplan, Steven N.  Corporate governance  
            and merger activity in the U.S.: making sense of the 1980s  
            and 1990s.  45p.                                            
     8261   Holtz-Eakin, Douglas & Marples, Donald.  Distortion costs of
            taxing wealth accumulation: income versus estate taxes.     
            57p.                                                        
     8254   Janeba, Eckhard.  Global corporations and local politics: a 
            theory of voter backlash.  34p.                             



                                                           PAGE  60

     8224   Kane, Edward J.  Financial safety nets: reconstructing and  
            modeling a policymaking metaphor.  38p.                     
     8202   Kaplan, Steven N. & Stromberg, Per.  Venture capitalists as 
            principals: contracting, screening, and monitoring.  12p.   
     8232   Kim, Sukkoo.  Markets and multiunit firms from an American  
            historical perspective.  33p.                               
     8163   Kotlikoff, Laurence J.  Generational policy.  100p.         
     8258   Kotlikoff, Laurence J., Smeters, Kent & Walliser, Jan.      
            Finding a way out of America's demographic dilemma.  61p.   
     8257   Kremer, Michael & Olken, Benjamin A.  A biological model of 
            unions.  57p.                                               
     8250   Kremer, Michael, Onatski, Alexei & Stock, James.  Searching 
            for prosperity.  50p.                                       
     8263   Lakdawalla, Darius.  The declining quality of teachers.     
            66p.                                                        
     8247   Lakdawalla, Darius, Bhattacharya, Jay & Goldman, Dana.  Are 
            the young becoming more disabled?.  29p.                    
     8192   Leamer, Edward E.  The life cycle of U.S. economic          
            expansions.  43p.                                           
     8199   Lerman, Robert I. & Sorensen, Elaine.  Child support:       
            interactions between private and public transfers.  62p.    
     8228   Lindert, Peter H. & Williamson, Jeffrey G.  Does            
            globalization make the world more unequal?.  56p.           
     8237   Lusardi, Annamaria, Skinner, Jonathan & Venti, Steven.      
            Saving puzzles and savings policies in the United States.   
            50p.                                                        
     8225   McCallum, Bennett T.  Inflation targeting and the liquidity 
            trap.  52p.                                                 
     8226   McCallum, Bennett T.  Should monetary policy respond        
            strongly to the output gaps?.  13p.                         
     8231   Meara, Ellen.  Why is health related to socioeconomic       
            status?  The case of pregnancy and low birth weight.  49p.  
     8217   Mendoza, Enrique G.  The international macroeconomics of    
            taxation and the case against European tax harmonization.   
            52p.                                                        
     8215   Neumark, David & Stock, Wendy A.  The effects of race and   
            sex discrimination laws.  65p.                              
     8252   Oberholzer-Gee, Felix & Waldfogel, Joel.  Electoral         
            acceleration: the effect of minority population on minority 
            voter turnout.  40p.                                        
     8208   Olsen, Edgar O.  Housing programs for low-income households.
             52p.                                                       
     8186   O'Rourke, Kevin H. & Williamson, Jeffrey G.  After Columbus:
            explaining the global trade boom 1500-1800.  48p.           
     8213   Patrick, Robert H. & Wolak, Frank A.  Estimating the        
            customer-level demand for electricity under real-time market
            prices.  74p.                                               
     8214   Persson, Torsten.  Do political institutions shape economic 
            policy?.  33p.                                              
     8227   Petrin, Amil.  Quantifying the benefits of new products: the
            case of the minivan.  50p.                                  
     8273   Pfann, Gerard A. & Hamermesh, Daniel S.  Two-sided learning,
            labor turnover and worker displacement.  37p.               
     8246   Piazzesi, Monika.  An econometric model of the yield curve  
            with macroeconomic jump effects.  81p.                      



                                                           PAGE  61

     8223   Poterba, James M.  Taxation and portfolio structure: issues 
            and implications.  48p.                                     
     8279   Qiu, Larry D. & Spencer, Barbara J.  Keiritsu and           
            relationship-specific investment: implications for          
            market-opening trade policy.  38p.                          
     8178   Rajan, Raghuram G. & Zingales, Luigi.  The great reversals: 
            the politics of financial development in the 20th century.  
            72p.                                                        
     8256   Schmalensee, Richard.  Payment systems and interchange fees.
             31p.                                                       
     8244   Schott, Peter K.  One size fits all?  Heckscher-Ohlin       
            specialization in global production.  47p.                  
     8196   Slemrod, Joel & Yitzhaki, Shlomo.  Integrating expenditure  
            and tax decisions: the marginal cost of funds and the       
            marginal benefit of projects.  25p.                         
     8259   Smetters, Kent.  The equivalence of the Social Security's   
            trust fund portfolio allocation and capital income tax      
            policy.  32p.                                               
     8262   Smetters, Kent & Gravelle, Jennifer.  The exchange theory of
            teenage smoking and the counterproductiveness of moderate   
            regulation.  20p.                                           
     8260   Stephens, Melvin.  Worker displacement and the added worker 
            effect.  44p.                                               
     8222   Stulz, Rene M. & Williamson, Rohan.  Culture, openness, and 
            finance.  44p.                                              
     8255   Svensson, Lars E.O. & Woodford, Michael.  Indicator         
            variables for optimal policy under asymmetric information.  
            27p.                                                        
     8240   Vuolteenaho, Tuomo.  What drives firm-level stock returns?. 
            42p.                                                        
     8204   Witte, Ann D. & Witt, Robert.  What we spend and what we    
            get: public and private provision of crime prevention and   
            criminal justice.  49p.                                     
     8212   Wolak, Frank A.  An empirical analysis of the impact of hdge
            contracts on bidding behavior in a competitive electricity  
            market.  54p.                                               
     8191   Wolak, Frank A.  Identification and estimation of cost      
            functions using observed bid data: an application to        
            electricity markets.  56p.                                  
     8248   Wolak, Frank A. & Patrick, Robert B.  The impact of market  
            rules and market structure on the price determination       
            process in the England and Wales electri.  86p.             
     8304   Abrego, Lisandro, Riezman, Raymond & Whalley, John.  How    
            often are proporitions on the effects of customs unions     
            theoretical curiosa and when should they guide policy?.     
            29p.                                                        
     8287   Acemoglu, Daron.  Directed technical change.  60p.          
     8292   Adams, James D.  Comparative localization of academic and   
            industrial spillovers.  39p.                                
     8336   Autor, David H. & Duggan, Mark G.  The rise in disability   
            recipiency and the decline in unemployment.  57p.           
     8337   Autor, David H., Levy, Frank & Murnane, Richard J.  The     
            skill content of recent technological change: an empirical  
            exploration.  60p.                                          




                                                           PAGE  62

     8330   Barro, Robert J.  Economic growth in East Asia before and   
            after the financial crisis.  40p.                           
     8329   Baxter, Marianne.  Social security as a financial asset:    
            gender-specific risks and returns.  26p.                    
     8349   Bernard, Andrew B. & Jensen, J. Bradford.  Why some firms   
            export.  32p.                                               
     8327   Bernard, Andrew B. & Jensen, J. Bradford.  Who dies?        
            International trade, market structure, and industrial       
            restructuring.  31p.                                        
     8333   Bernheim, B. Douglas, Lemke, Robert J. & Scholz, John K.  Do
            estate and gift taxes affect the timing of private          
            transfers?.  40p.                                           
     8306   Boning, Brent, Ichniowski, Casey & Shaw, Kathryn.           
            Opportunity counts: teams and the effectiveness of          
            production incentives.  34p.                                
     8344   Case, Anne, Lubotsky, Darren & Paxson, Christina.  Economic 
            status and health in childhood: the origins of the gradient.
             50p.                                                       
     8308   Chan, Konan, et al.  Earnings quality and stock returns.    
            36p.                                                        
     8282   Chan, Louis K.C., Karceski, Jason & Lakonishok, Josef.  The 
            level and persistence of growth rates.  45p.                
     8278   Chia, Ngee-Choon, Tsui, Albert K.C. & Whalley, John.        
            Ownership and use taxes as congestion correcting            
            instruments.  29p.                                          
     8310   Collins, William J.  The labor market impact of state-level 
            anti-discrimination laws, 1940-1960.  38p.                  
     8303   Corsetti, Giancarlo, Pesenti, Paolo & Roubini, Nouriel.  The
            role of large players in currency crises.  69p.             
     8295   Costa, Dora L. & Kahn, Matthew E.  Understanding the decline
            in social capital, 1952-1998.  45p.                         
     8318   Deaton, Angus.  Health, inequality, and economic            
            development.  75p.                                          
     8288   Djankov, Simeon, et al.  Who owns the media?.  49p.         
     8315   Dooley, Michael P. & Verma, Sujata.  Rescue packages and    
            output losses following crises.  28p.                       
     8324   Dornbusch, Rudi.  Fewer monies, better monies.  10p.        
     8307   Ehrenberg, Ronald G. & Smith, Christopher L.  The sources   
            and uses of annual giving at private research universities. 
            43p.                                                        
     8321   Ellwood, David T.  The sputtering labor force of the 21st   
            century: can social policy help?.  100p.                    
     8301   Estevadeordal, Antoni & Taylor, Alan M.  A century of       
            missing trade?.  20p.                                       
     8283   Fishback, Price V., Horrace, William C. & Kantor, Shawn.  Do
            federal programs affect internal migration?  The impact of  
            New Deal expenditures on mobility during the Great De.  55p.
     8297   Friedberg, Leora.  The impact of technological change on    
            older workers: evidence from data on computer use.  36p.    
     8346   Ganslandt, Mattias & Markusen, James R.  Standards and      
            related regulations in international trade: a modeling      
            approach.  64p.                                             
     8341   Gokhale, Jagadeesh, Kotlikoff, Laurence J. & Neumann, Todd. 
            Does participating in a 401(k) raise your lifetime taxes?.  
            48p.                                                        



                                                           PAGE  63

     8328   Goldman, Dana & Lakdawalla, Darius.  Understanding health   
            disparities across education groups.  55p.                  
     8317   Goolsbee, Austan & Petrin, Amil.  The consumer gains from   
            direct broadcast satellites and the competition with cable  
            television.  39p.                                           
     8280   Gravelle, Jane G. & Smetters, Kent.  Who bears the burden of
            the corporate tax in the open economy?.  35p.               
     8314   Gross, David B. & Souleles, Nicholas S.  Do liquidity       
            constraints and interest rates matter for consumer behavior?
            Evidence from credit card data.  51p.                       
     8345   Guryan, Jonathan.  Desegregation and black dropout rates.   
            61p.                                                        
     8285   Hart, Oliver.  Financial contracting.  46p.                 
     8286   Hart, Oliver.  Norms and the theory of the firm.  23p.      
     8294   Hendricks, Kenneth, Pinkse, Joris & Porter, Robert H.       
            Empirical implications of equilibrium bidding in            
            first-price, symmetric, common value auctions.  43p.        
     8289   Henry, Peter B.  Is disinflation good for the stock market?.
             54p.                                                       
     8300   Hubbard, Thomas N.  Affiliation, integration, and           
            information: ownership incentives and industry structure.   
            29p.                                                        
     8305   Hutchinson, Michael M.  A cure worse than the disease?      
            Currency crises and the output costs of IMF supported       
            stabilization programs.  51p.                               
     8281   Imai, Susumu & Krishna, Kala.  Employment, dynamic          
            deterrence and crime.  66p.                                 
     8319   Joyce, Ted.  Did legalized abortion lower crime?.  73p.     
     8296   Krishna, Kala & Yavas, Cemile.  Lumpy consumer durables,    
            market power, and endogenous business cycles.  51p.         
     8302   Lamont, Owen A. & Thaler, Richard H.  Can the market add and
            subtract?  Mispricing in tech stocks carve-outs.  58p.      
     8299   Lipsey, Robert E. & Sjoholm, Frederik.  Foreign direct      
            investment and wages in Indonesian manufacturing.  28p.     
     8312   Llorente, Guillermo, et al.  Dynamic volume-return relation 
            of individual stocks.  53p.                                 
     8311   Lo, Andrew W., Mamaysky, Harry & Wang, Jiang.  Asset prices 
            and trading volume under fixed transacations costs.  75p.   
     8290   Mankiw, N. Gregory & Reis, Ricardo.  Sticky information     
            versus sticky prices: a proposal to replace the new         
            Keynesian Phillips curve.  47p.                             
     8334   Markusen, James R. & Maskus, Keith E.  General equilibrium  
            approaches to the multinational firm: a review of theory and
            evidence.  50p.                                             
     8335   Markusen, James R. & Maskus, Keith E.  A unified approach to
            intra-industry trade and direct foreign investment.  32p.   
     8338   Mendoza, Enrique G.  Credit, prices, and crashes: business  
            cycles with a sudden stop.  69p.                            
     8298   Meyer, Bruce D. & Sullivan, James X.  The effects of welfare
            and tax reform: the material well-being of single mothers in
            the 1980s and 1990s.  53p.                                  
     8291   Mocan, H. Naci.  Can consumers detect lemons?  Information  
            asymmetry in the market for child care.  49p.               
     8339   O'Rourke, Kevin H.  Globalization and inequality: historical
            trends.  42p.                                               



                                                           PAGE  64

     8316   Perry, Craig W. & Rosen, Harvey S.  The self-employed are   
            less likely to have health insurance than wage-earners. So  
            what?.  52p.                                                
     8284   Popp, David.  Induced innovation and energy prices.  43p.   
     8340   Poterba, James M.  Taxation, risk-taking, and household     
            portfolio behavior.  91p.                                   
     8313   Razin, Assaf & Yuen, Chi-Wa.  The "new Keynesian" Phillips  
            curve: closed economy vs. open economy.  11p.               
     8323   Rousseau, Peter L. & Sylla, Richard.  Financial systems,    
            economic growth, and globalization.  51p.                   
     8309   Santos, Tano & Veronesi, Pietro.  Labor income and          
            predictable stock returns.  57p.                            
     8320   Staiger, Douglas, Stock, James H. & Watson, Mark W.  Prices,
            wages, and the U.S. NAIRU in the 1990s.  85p.               
     8332   Tauras, John A. & Chaloupka, Frank J.  The demand for       
            nicotine replacement therapies.  22p.                       
     8331   Tauras, John A., O'Malley, Patrick M. & Johnston, Lloyd D.  
            Effects of price and access laws on teenage smoking         
            initiation: a national longitudinal analysis.  40p.         
     8293   Trefler, Daniel.  The long and short of the Canada-U.S. free
            trade agreement.  56p.                                      
     8385   Ackerberg, Daniel A., Machado, Matilde P. & Riordan, Michael
            H.  Measuring the relative performance of providers of a    
            health service.  71p.                                       
     8417   Ait-Sahalia, Yacine, Parker, Jonathan A. & Yogo, Motohiro.  
            Luxury goods and the equity premium.  45p.                  
     8360   Alvarez, Fernando & Jermain, Urban J.  The size of the      
            permanent component of asset pricing kernels.  60p.         
     8371   Anderson, James E. & Prusa, Thomas J.  Political market     
            structure.  36p.                                            
     8363   Ang, Andrew & Piazzesi, Monika.  A no-arbitrage vector      
            autoregression of term structure dynamics with macroeconomic
            and latent variables.  49p.                                 
     8343   Angrist, Joshua D., et al.  Vouchers for private schooling  
            in Colombia: evidence from a randomized natural experiment. 
            41p.                                                        
     8414   Arteta, Carlos, Eichengreen, Barry & Wyplosz, Charles.  When
            does capital account liberalization help more than it       
            hurts?.  39p.                                               
     8378   Ashenfelter, Orley & Card, David.  Did the elimination of   
            mandatory retirement affect faculty retirement flows?.  52p.
     8384   Baicker, Katherine.  Extensive or intensive generosity? The 
            price and income effects of federal grants.  34p.           
     8383   Baicker, Katherine.  The spillover effects of state         
            spending.  27p.                                             
     8419   Baker, Michael, Stabile, Mark & Deri, Catherine.  What do   
            self-reported, objective, measures of health measure?.  50p.
     8421   Ball, Laurence & Moffitt, Robert.  Productivity growth and  
            the Phillips curve.  50p.                                   
     8389   Barsky, Robert B. & Kilian, Lutz.  Do we really know that   
            oil caused the Great Stagflation? A monetary alternative.   
            50p.                                                        
     8426   Barsky, Robert, et al.  What can the price gap between      
            branded and private label products tell us about markups?.  
            66p.                                                        



                                                           PAGE  65

     8359   Basu, Susanto, Fernald, John G. & Shapiro, Matthew D.       
            Productivity growth in the 1990s: technology, utilization,  
            or adjustment?.  66p.                                       
     8392   Baxter, Marianne & Farr, Dorsey D.  Variable factor         
            utilization and international business cycles.  31p.        
     8388   Bebchuk, Lucian A.  Ex ante costs of violating absolute     
            priority in bankruptcy.  21p.                               
     8365   Bernanke, Ben S. & Gurkaynak, Refet S.  Is growth exogenous?
            Taking Mankiw, Romer, and Weil seriously.  54p.             
     8379   Bernanke, Ben S. & Boivin, Jean.  Monetary policy in a      
            data-rich environment.  35p.                                
     8398   Blonigan, Bruce A. & Prusa, Thomas J.  Antidumping.  42p.   
     8429   Bordo, Michael D. & MacDonald, Ronald.  The inter-war gold  
            exchange standard: credibility and monetary independence.   
            61p.                                                        
     8404   Brandt, Michael W., Cochrane, John H. & Santa-Clara, Pedro. 
            International risk sharing is better than you think (or     
            exchange rates are much too smooth).  32p.                  
     8427   Caballero, Ricardo J. & Krishnamurthy, Arvind.  Smoothing   
            sudden stops.  24p.                                         
     8428   Caballero, Ricardo J. & Krishnamurthy, Arvind.  A `vertical'
            analysis of crisis and intervention: fear of floating and   
            ex-ante problems.  31p.                                     
     8444   Card, David & Robins, Philip K.  The limits to wage growth: 
            measuring the growth rate of wages for recent welfare       
            leavers.  46p.                                              
     8387   Carroll, Christopher D.  A theory of the consumption        
            function, with and without liquidity constraints.  33p.     
     8354   Cecchetti, Stephen G. & Krause, Stefan.  Financial          
            structure, macroeconomic stability and monetary policy.     
            31p.                                                        
     8415   Chernichovsky, Dov & Markowitz, Sara.  Toward a framework   
            for improving health care financing for an aging population:
            the case of Israel.  41p.                                   
     8403   Christiano, Lawrence J., Eichenbaum, Martin & Evans,        
            Charles.  Nominal rigidities and the dynamic effects of a   
            shock to monetary policy.  47p.                             
     8386   Claessens, Stijn, Klingbiel, Daniela & Laeven, Luc.         
            Financial restructuring in banking and corporate sector     
            crises: what policies to pursue?.  36p.                     
     8394   Conley, John P. & Rangel, Antonio.  Intergenerational fiscal
            constitutions: how to protect future generations using land 
            taxes and federalism.  35p.                                 
     8448   Conyon, Martin J. & Freeman, Richard B.  Shared modes of    
            compensation and firm performance: U.K. evidence.  49p.     
     8411   Davis, Steven J., MacCrisken, Jack & Murphy, Kevin M.       
            Economic perspectives on software design: PC operating      
            systems and platforms.  87p.                                
     8434   Davis, Steven J.  The quality distrbution of jobs and the   
            structure of wages in search equilibrium.  43p.             
     8370   Deaton, Angus & Lubotsky, Darren.  Mortality, inequality and
            race in American cities and states.  42p.                   
     8432   Dee, Thomas S.  Teachers, race and student achievement in a 
            randomized experiment.  36p.                                




                                                           PAGE  66

     8322   Dekle, Robert & Kletzer, Kenneth M.  Domestic bank          
            regulation and financial crises: theory and empirical       
            evidence from East Asia.  60p.                              
     8440   Desai, Mihir A. & Hines, James R.  Foreign direct           
            investments in a world of multiple taxes.  47p.             
     8325   Dornbusch, Rudi.  Malaysia: was it different?.  16p.        
     8326   Dornbusch, Rudi.  A primer on emerging market crises.  12p. 
     8407   Dotsey, Michael & King, Robert G.  Pricing, production and  
            persistence.  45p.                                          
     8362   Duarte, Margarida & Stockman, Alan C.  Rational speculation 
            and exchange rates.  42p.                                   
     8356   Evans, Martin D.D. & Lyons, Richard K.  Portfolio balance,  
            price impact, and secret intervention.  36p.                
     8372   Feenstra, Robert C. & Hanson, Gordon H.  Global production  
            sharing and rising inequality: a survey of trade and wages. 
            63p.                                                        
     8377   Fernandez, Raquel.  Education, segregation and marital      
            sorting: theory and an application to U.K. data.  36p.      
     8420   Fullerton, Don.  A framework to compare environmental       
            policies.  34p.                                             
     8368   Galenson, David W. & Jensen, Robert.  Young geniuses and old
            masters: the life cycles of great artists from Masaccio to  
            Jasper Johns.  42p.                                         
     8376   Garicano, Luis, Palacios, Ignacio & Prendergast, Canice.    
            Favoritism under social pressure.  32p.                     
     8367   Garicano, Luis & Santos, Tano.  Referrals.  49p.            
     8357   Glaesser, Edward L. & Shapiro, Jesse.  Is there a new       
            urbanism? The growth of U.S. cities in the 1990s.  43p.     
     8396   Glick, Reuven & Rose, Andrew K.  Does a currency union      
            affect trade? The time series evidence.  23p.               
     8402   Goldberg, Pinelopi K. & Verboven, Frank.  Market integration
            and convergence to the law of one price: evidence from the  
            European car market.  32p.                                  
     8449   Gompers, Paul A., Ishii, Joy L. & Metrick, Andrew.          
            Corporate governance and equity prices.  68p.               
     8423   Goodfriend, Marvin & King, Robert G.  The case for price    
            stability.  57p.                                            
     8351   Goolsbee, Austan.  Competition in the computer industry:    
            online versus retail.  20p.                                 
     8409   Gross, David B. & Souleles, Nicholas S.  An empirical       
            analysis of personal bankruptcy and delinquency.  44p.      
     8406   Gustman, Alan L. & Steinmeier, Thomas L.  Imperfect         
            knowledge, retirement and saving.  55p.                     
     8435   Hamermesh, Daniel S.  "Hall of Fame" voting: The Econometric
            Society.  15p.                                              
     8433   Hanson, Gordon H., Mataloni, Raymond J. & Slaughter, Matthew
            J.  Expansion strategies of U.S. multinational firms.  47p. 
     8438   Harrison, Ann E. & McMillan, Margaret S.  Does direct       
            foreign investment affect domestic firms' credit            
            constraints?.  40p.                                         
     8412   Hines, James R., Hoynes, Hilary & Krueger, Alan B.  Another 
            look at whether a rising tide lifts all boats.  67p.        
     8358   Hong, Harrison, Kubik, Jeffrey D. & Stein, Jeremy C.  Social
            interaction and stock-market participation.  46p.           




                                                           PAGE  67

     8317   Horstmann, Ignatius J., Markusen, James R. & Robles, Jack.  
            Multi-issue bargaining and linked agendas: Ricardo revisited
            or no pain no gain.  42p.                                   
     8400   Janeba, Eckhard.  Attracting FDI in a politically risky     
            world.  39p.                                                
     8381   Jeanne, Olivier & Wyplosz, Charles.  The international      
            lender of last resort: how large is large enough?.  37p.    
     8374   Johnson, Daniel K.N. & Popp, David.  Forced out of the      
            closet: the impact of the American Inventors Protection Act 
            on the timing of patent disclosure.  37p.                   
     8442   Joskow, Paul L.  California's electricity crisis.  56p.     
     8399   Kane, Edward J.  Using deferred compensation to strengthen  
            the ethics of financial regulation.  28p.                   
     8416   Lafontaine, Francine & Shaw, Kathryn L.  Targeting          
            managerial control: evidence from franchising.  48p.        
     8391   Lahiri, Amartya & Vegh, Carlos A.  Living with the fear of  
            floating: an optimal policy perspective.  54p.              
     8366   Lane, Philip R. & Milesi-Ferretti, Gian Maria.  Long-term   
            capital movements.  49p.                                    
     8450   Leamer, Edward E. & Storper, Michael.  The economic         
            geography of the internet age.  34p.                        
     8441   Lee, David S.  The electoral advantage to incumbency and    
            voters' valuation of politicians experience: a regression   
            discontinuity a.  43p.                                      
     8361   Leonard, Greg & Stockman, Alan C.  Current accounts and     
            exchange rates: a new look at the evidence.  23p.           
     8348   Levinsohn, Jim & Petropoulos, Wendy.  Creative destruction  
            or just plain destruction?  The U.S. textile and apparel    
            industries since 1972.  36p.                                
     8430   McGuckin, Robert H., Ozyildirim, Ataman & Zarnowitz, Victor.
             The composite index of leading economic indicators: how to 
            make it more timely.  31p.                                  
     8408   McLean, Ian W. & Taylor, Alan M.  Australian growth: a      
            California perspective.  30p.                               
     8375   Mancall, Peter C., Rosenbloom, Joshua L. & Weiss, Thomas.   
            Agricultural labor productivity in the lower South,         
            1720-1800.  42p.                                            
     8390   Manzano, Osmel & Rigobon, Roberto.  Resource curse or debt  
            overhang?.  35p.                                            
     8353   Mehran, Hamid & Tracy, Joseph.  The impact of employee stock
            options on the evolution of compensation in the 1990s.  30p.
     8397   Mishkin, Frederic S. & Schmidt-Hebbel, Klaus.  One decade of
            inflation targeting in the world: what do we know and what  
            do we need to know?.  46p.                                  
     8355   Nechyba, Thomas J.  Centralization, fiscal federalism and   
            private school attendance.  46p.                            
     8393   Neumark, David.  Living wages: protection for or protection 
            from low-wage workers?.  39p.                               
     8425   Nevo, Aviv.  New products, quality changes and welfare      
            measures computed from estimated demand systems.  26p.      
     8369   Obstfeld, Maurice.  International macroeconomics: beyond the
            Mundell-Fleming model.  54p.                                
     8373   Park, Yung Chul & Lee, Jong-Wha.  Recovery and              
            sustainability in East Asia.  64p.                          




                                                           PAGE  68

     8445   Prendergast, Canice.  Consumers and agency problems.  22p.  
     8424   Prusa, Thomas J. & Skeath, Susan.  The economic and         
            strategic motives for antidumping filings.  34p.            
     8405   Razin, Assaf, Sadka, Efraim & Swagel, Phillip.  The aging   
            population and the size of the welfare state.  23p.         
     8422   Reinhart, Carmen M. & Smith, R. Todd.  Temporary controls on
            capital inflows.  34p.                                      
     8350   Rigobon, Roberto & Sack, Brian.  Measuring the reaction of  
            monetary policy to the stock market.  32p.                  
     8447   Ruhm, Christopher J.  Economic expansions are unhealthy:    
            evidence from microdata.  37p.                              
     8436   Schwert, G. William.  Stock volatility in the new millenium:
            how wacky is NASDAQ?.  33p.                                 
     8439   Shleifer, Andrei & Vishny, Robert W.  Stock market driven   
            acquisitions.  27p.                                         
     8364   Sinn, Hans-Werner.  Social dumping in the transformation    
            process?.  36p.                                             
     8352   Sinn, Hans-Werner & Westermann, Frank.  Why has the Euro    
            been falling? An investigation into the determinants of the 
            exchange rate.  42p.                                        
     8395   Skinner, Jonathan, Fisher, Elliott S. & Wennberg, John E.   
            The efficiency of Medicare.  37p.                           
     8410   Souleles, Nicholas S.  Consumer sentiment: its rationality  
            and usefulness in forecasting expenditure - evidence from   
            the Michigan micro da.  49p.                                
     8342   Stein, Jeremy C.  Agency, information and corporate         
            investment.  88p.                                           
     8380   Stephens, Melvin & Ward-Batts, Jennifer.  The impact of     
            separte taxation on the intra-household allocation of       
            assets: evidence from the U.K.  50p.                        
     8418   Tybout, James R.  Plant- and firm-level evidence on "new"   
            trade theories.  53p.                                       
     8401   Williams, Jenny, et al.  Alcohol and marijuana use among    
            college students: economic complements or substitutes?.     
            36p.                                                        
     8446   Zhu, Susan C. & Trefler, Daniel.  Ginis in general          
            equilibrium: trade, technology and Southern inequality.     
            53p.                                                        
     8478   Abadie, Alberto & Gardeazabal, Javier.  The economic costs  
            of conflict: a case-control study for the Basque Country.   
            32p.                                                        
     8513   Abraham, Katherine G. & Shimer, Robert.  Changes in         
            unemployment duration and labour force attachment.  60p.    
     8460   Acemoglu, Daron, Johnson, Simon & Robinson, James A.        
            Reversal of fortune: geography and institutions in the      
            making of the modern world income distribution.  81p.       
     8504   Ait-Sahalia, Yacine.  Telling from discrete data whether the
            underlying continuous time model is a diffusion.  44p.      
     8524   Alesina, Alberto, Galeser, Edward & Sacerdote, Bruce.  Why  
            doesn't the U.S. have a European-style welfare system?.     
            66p.                                                        
     8473   Altonji, Joseph G. & Doraszelski, Ulrich.  The role of      
            permanent income and demographics in black/white differences
            in wealth.  62p.                                            




                                                           PAGE  69

     8510   Andersen, Torben G., Benzoni, Luca & Lund, Jesper.  An      
            empirical investigation of continuous time equity return    
            models.  46p.                                               
     8515   Anderson, James E. & van Wincoop, Eric.  Borders, trade and 
            welfare.  36p.                                              
     8469   Anderson, James E. & Bandiera, Oriana.  From wild West to   
            the Godfather: enforcement market structure.  39p.          
     8456   Angrist, Joshua D. & Krueger,  Alan B.  Instrumental        
            variables and the search for identification: from supply and
            demand to natural experiements.  29p.                       
     8466   Barsky, Robert, et al.  Accounting for the black-white      
            wealth gap: a nonparametric approach.  30p.                 
     8475   Baxter, Marianne & Farr, Dorsey D.  The effects of variable 
            capital utilization on the measurement and properties of    
            sectoral productivity: some intern.  27p.                   
     8431   Benabou, Roland & Ok, Efe A.  Mobility and progressivity:   
            ranking income processes according to equality of           
            opportunity.  27p.                                          
     8520   Bergoeing, Raphael, et al.  A decade lost and found: Mexico 
            and Chile in the 1980s.  52p.                               
     8526   Bertola, Giuseppe, Blau, Francine D. & Kahn, Lawrence M.    
            Comparative analysis of labor market outcomes: lessons for  
            the U.S. from international long-run evidence.  75p.        
     8437   Blank, Rebecca M. & Ellwood, David T.  The Clinton legacy   
            for America's poor.  74p.                                   
     8477   Blonigen, Bruce A. & Park, Jee-Hyeong.  Dynamic pricing in  
            the presence of antidumping policy: theory and evidence.    
            47p.                                                        
     8458   Bovenberg, A. Lans & Goulder, Lawrence H.  Environmental    
            taxation and regulation.  76p.                              
     8500   Bradford, David F.  Reforming budgetary language.  34p.     
     8514   Card, David, Hildreth, Andrew K. & Shore-Sheppard, Lara D.  
            The measurement of Medicaid coverage in the SIPP: evidence  
            from California, 1990-1996.  39p.                           
     8496   Carroll, Christopher D. & Kimball, Miles S.  Liquidity      
            constraints and precautionary saving.  40p.                 
     8495   Case, Anne.  Does money protect health status?  Evidence    
            from South African pensions.  30p.                          
     8532   Caselli, Francesco & Morelli, Massimo.  Bad politicians.    
            44p.                                                        
     8470   Chernichovsky, Dov, Bolotin, Arkady & de Leeuw, David.  A   
            fuzzy logic approach toward solving the analytic maze of    
            health system financing.  41p.                              
     8539   Christiano, Lawrence J. & Rostagno, Massimo.  Money growth  
            monitoring and the Taylor rule.  64p.                       
     8533   Cochrane, John H.  A rehabilitation of stochastic discount  
            factor methodology.  7p.                                    
     8527   Cooper, Russell & Willis, Jonathan L.  The economics of     
            labor adjustment: mind the gap.  36p.                       
     8523   Coyte, Peter C. & Stabile, Mark.  Household responses to    
            public home care programs.  35p.                            
     8455   Cutler, David & Gruber, Jonathan.  Health policy in the     
            Clinton era: once bitten, twice shy.  79p.                  
     8517   Davis, Donald R. & Weinstein, David E.  Bones, bombs and    
            break points: the geography of economic activity.  45p.     



                                                           PAGE  70

     8516   Davis, Donald R. & Weinstein, David E.  Do factor endowments
            matter for North-South trade?.  47p.                        
     8518   Davis, Donald R. & Weinstein, David E.  Market size,        
            linkages, and productivity: a study of Japanese regions.    
            28p.                                                        
     8463   De Haan, Wouter J., Haefke, Christian & Ramey, Garey.       
            Shocks and institutions in a job matching model.  51p.      
     8534   Deaton, Angus & Paxton, Christina.  Mortality, income, and  
            income inequality over time in Britain and the United       
            States.  46p.                                               
     8443   DeLong, J. Bradford & Eichengreen, Barry.  Between meltdown 
            and moral hazard: the internaitonal monetary and financial  
            policies of the Clinton Administration.  94p.               
     8507   Desai, Mihir A., Foley, C. Fritz & Hines, James R.          
            Repatriation taxes and dividend distortions.  40p.          
     8483   Diamond, Wayne J. & Freeman, Richard B.  Will unionism      
            prosper in cyber-space?  The promise of the Internet for    
            employee organization.  41p.                                
     8538   Doidge, Craig, Karolyi, G. Andrew & Stutz, Rene M.  Why are 
            foreign firms listed in the U.S. worth more?.  43p.         
     8529   Edwards, Sebastian.  Exchange rate regimes, capital flows   
            and crisis prevention.  67p.                                
     8506   Edwards, Sebastian & Susmel, Raul.  Volatility dependence   
            and contagion in emerging equity markets.  41p.             
     8482   Ellison, Sara F. & Wolfram, Catherine.  Pharmaceutical      
            prices and political activity.  44p.                        
     8488   Elmendorf, Douglas W., Liebman, Jeffrey B. & Wilcox, David  
            W.  Fiscal policy and social security policy during the     
            1990s.  88p.                                                
     8512   Engerman, Stanley L. & Sokoloff, Kenneth L.  The evolution  
            of suffrage institutions in the New World.  34p.            
     8487   Feldstein, Martin.  The future of social security pensions  
            in Europe.  13p.                                            
     8451   Feldstein, Martin & Liebman, Jeffrey B.  Social security.   
            107p.                                                       
     8472   Froot, Kenneth A. & Ramadorai, Tarun.  The information      
            content of international portfolio flows.  42p.             
     8522   Gaynor, Martin, Rebitzer, James B. & Taylor, Lowell J.      
            Incentives in HMOs.  45p.                                   
     8486   Gentry, William M., Kemsley, Deen & Mayer, Christopher J.   
            Dividence taxes and share prices: evidence from Real Estate 
            Investment Trusts.  37p.                                    
     8497   Geweke, John, Gowrisankaran, Gautam & Town, Robert J.       
            Bayesian inference for hospital quality in a selection      
            model.  77p.                                                
     8474   Goldin, Claudia & Shim, Maria.  Making a name.  25p.        
     8505   Gompers, Paul A. & Lerner, Josh.  The really long-run       
            performance of initial public offerings: the pre-NASDAQ     
            evidence.  40p.                                             
     8413   Gosling, Amanda & Lemieux, Thomas.  Labour market reforms   
            and changes in wage inequality in the United Kingdom and the
            United States.  54p.                                        
     8480   Gray, Wayne B. & Shadbegian, Ronald J.  Plant vintage,      
            technology, and environmental regulation.  25p.             




                                                           PAGE  71

     8484   Greenstone, Michael.  The impacts of environmental          
            regulations on industrial activity: evidence from the 1970  
            and 1977 Clean Air Act amen.  48p.                          
     8509   Gronau, Reuben & Hamermesh, Daniel S.  The demand for       
            variety: a household production perspective.  47p.          
     8498   Hall, Bronwyn H., Jaffe, Adam B. & Trajtenberg, Manuel.  The
            NBER patent citations data file: lessons, insights, and     
            methodological tools.  74p.                                 
     8479   Hanushek, Eric A., Kain, John F. & Rivkin, Steven G.        
            Disruption versus Tiebout improvement: the costs and        
            benefits of switching schools.  45p.                        
     8502   Hanushek, Eric A., et al.  Does peer ability affect student 
            achievement?.  33p.                                         
     8452   Harvey, Campbell R., Lins, Karl V. & Roper, Andrew H.  The  
            effect of capital structure when expected agency costs are  
            extreme.  43p.                                              
     8528   Hu, Albert G.Z & Jaffe, Adam B.  Patent citations and       
            international knowledge flow: the case of Korea and Taiwan. 
            38p.                                                        
     8525   Hubbard, Thomas N.  Information, decisions, and             
            productivity: on-board computers and capacity utilization in
            trucking.  37p.                                             
     8521   Johnson, Simon & Mitton, Todd.  Cronyism and capital        
            controls: evidence from Malaysia.  39p.                     
     8494   Jones, Charles M. & Lamont, Owen A.  Short sale constraints 
            and stock returns.  52p.                                    
     8454   Joskow, Paul L.  U.S. energy policy during the 1990s.  100p.
     8493   Kane, Edward J. & Demirguc-Kunt, Asli.  Deposit insurance   
            around the globe: where does it work?.  37p.                
     8537   Kessler, Daniel & McClellan, Mark.  The effects of hospital 
            ownership on medical productivity.  40p.                    
     8491   Kileen, Wiliam P., Lyons, Richard K. & Moore, Michael J.    
            Fixed versus flexible: lessons from EMS order flow.  38p.   
     8489   Kuziemko, Ilyana & Levitt, Steven D.  An empirical analysis 
            of imprisoning drug offenders.  35p.                        
     8508   Lo, ANdrew W. & Repin, Dmitry V.  The psychophysiology of   
            real-time financial risk processing.  32p.                  
     8464   MacDonald, Glenn & Weisbach, Michael.  The economics of     
            has-beens.  33p.                                            
     8471   Mankiw, N. Gregory.  U.S. monetary policy during the 1990s. 
            57p.                                                        
     8476   Martin, Philippe & Rey, Helene.  Financial super-markets:   
            size matters for asset trade.  37p.                         
     8461   Mayda, Anna Maria & Rodrik, Dani.  Why are some people (and 
            countries) more protectionist than others?.  52p.           
     8481   Miguel, Edward & Kremer, Michael.  Worms: education and     
            health externalities in Kenya.  62p.                        
     8519   Neal, Derek.  The economics of family structure.  37p.      
     8468   Parsley, David C. & Wei, Shang-Jin.  Limiting currency      
            volatility to stimulate goods market integration: a price   
            based approach.  34p.                                       
     8462   Pastor, Lubos & Stambaugh, Robert F.  Liquidity risk and    
            expected stock returns.  36p.                               
     8457   Pauly, Mark, Song, David & Herring, Bradley.  Tax credits,  
            the distribution of subsidized health insurance premiums,   
            and the uninsured.  28p.                                    


                                                           PAGE  72

     8490   Perry, Craig W. & Rosen, Harvey S.  Insurance and the       
            utilization of medical services among the self-employed.    
            40p.                                                        
     8467   Piketty, Thomas & Saez, Emmanuel.  Income inequality in the 
            United States, 1913-1998.  119p.                            
     8535   Reinhart, Carmen M. & Reinhart, Vincent R.  What hurts most?
             G-3 exchange rate or interest rate volatility?.  51p.      
     8485   Rosenberg, Nathan & Trajtenberg, Manuel.  A general purpose 
            technology at work: the Corliss steam engine in the late    
            19th century.  67p.                                         
     8511   Ruhm, Christopher J. & Black, William E.  Does drinking     
            really decrease in bad times?.  36p.                        
     8492   Schott, Peter K.  Do rich and poor countries specialize in a
            different mix of goods?  Evidence from product-level U.S.   
            trade data.  28p.                                           
     8501   Shimer, Robert.  The assignment of workers to jobs in an    
            economy with coordination frictions.  37p.                  
     8503   Sinn, Hans-Werner & Uebelmesser, SIlke.  When will the      
            Germans get trapped in their pension system?.  19p.         
     8465   Smarzynska, Beata K. & Wei, Shang-Jin.  Pollution havens and
            foreign direct investment: dirty secret or popular myth?.   
            31p.                                                        
     8530   Young, Alwyn.  Demographic fluctuations, generational       
            welfare and intergenerational transfers.  34p.              
     8499   Zucker, Lynne G., Darby, Michael R. & Armstrong, Jeff S.    
            Commercializing knowledge: University science, knowledge    
            capture, and firm performance in biotechnology.  42p.       
     8600   Abeysinghe, Tilak & Forbes, Kristin.  Trade linkages and    
            output-multiplier effects: a structural VAR approach with a 
            focus on Asia.  33p.                                        
     8602   Arcidiacono, Peter, Sieg, Holger & Sloan, Frank.  Living    
            rationally under the volcano?  An empirical analysis of     
            heavy drinking and smoking.  39p.                           
     8570   Azrael, Deborah, Cook, Philip J. & Miller, Matthew.  State  
            and local prevalence of firearms ownership: measurement,    
            structure, and trends.  28p.                                
     8557   Bates, David S.  The market for crash risk.  47p.           
     8544   Bernheim, B. Douglas, et al.  The mismatch between life     
            insurance holdings and financial vulnerabilities: evidence  
            from the Survey of Consumer Fi.  46p.                       
     8591   Bhattacharya, Joydeep, Mulligan, Casey B. & Reed, Robert R. 
            Labor market search and optimal retirement policy.  19p.    
     8576   Blonigen, Bruce A. & Bown, Chad P.  Antidumping and         
            retaliation threats.  35p.                                  
     8587   Bloom, David E., Canning, David & Sevilla, Jaypee.  The     
            effect of health on economic growth: theory and evidence.   
            26p.                                                        
     8546   Blundell, Richard & Hoynes, Hilary.  Has "in-work" benefit  
            reform helped the labour market?.  59p.                     
     8553   Boersch-Supan, Axel, Ludwig, Alexander & Winter, Joachim.   
            Aging and international capital flows.  29p.                
     8561   Boersch-Supan, Axel & Winter, Joachim K.  Population aging, 
            savings behavior and capital markets.  49p.                 
     8583   Bordo, Michael D., Dueker, Michael J. & Wheelock, David C.  
            Aggregate price shocks and financial stability: the United  
            Kingdom, 1796-1999.  45p.                                   


                                                           PAGE  73

     8582   Bordo, Michael & Dewald, William G.  Bond market inflation  
            expectations in industrial countries: historical            
            comparisons.  28p.                                          
     8584   Bordo, Michael D. & Flandreau, Marc.  Core, periphery,      
            exchange rate regimes, and globalization.  77p.             
     8545   Bordo, Michael D. & James, Harold.  Haberler versus Nurkse: 
            the case for floating exchange rates as an alternative to   
            Bretton Woods? (Adam Kluge Memori.  39p.                    
     8555   Bound, John, et al.  Trade in University training:          
            cross-state variation in the production and use of          
            college-educated labor.  58p.                               
     8552   Brown, Charles & Medoff, James L.  Firm age and wages.  35p.
     8566   Campbell, John Y., Chan, Yeung L. & Viceira, Luis M.  A     
            multivariate model of strategic asset allocation.  75p.     
     8558   Campbell, Jeffrey R. & Lapham, Beverly.  Real exchange rate 
            fluctuations and the dynamics of retail trade industries on 
            the U.S.-Canada border.  38p.                               
     8606   Case, Karl E., Quigley, John M. & Shiller, Robert J.        
            Comparing wealth effects: the stock market versus the       
            housing market.  28p.                                       
     8607   Chan, Yeung L. & Kogan, Leonid.  Catching up with the       
            Joneses: heterogeneous preferences and the dynamics of asset
            prices.  36p.                                               
     8578   Charles, Kerwin K. & Stephens, Melvin.  Job displacement,   
            disability, and divorce.  39p.                              
     8589   Chernew, Michael, Gowrisankaran, Gautam & Scanlon, Dennis P.
             Learning and the value of information: the case of health  
            plan report cards.  40p.                                    
     8603   Clarida, Richard H.  The empirics of monetary policy rules  
            in open economies.  23p.                                    
     8604   Clarida, Richard H., Gali, Jordi & Gertler, Mark.  Optimal  
            monetary policy in closed versus open economies: an         
            integrated approach.  12p.                                  
     8601   Clarida, Richard H., et al.  The out-of-sample success of   
            term structure models as exchange rate predictors: a step   
            beyond.  38p.                                               
     8459   Clemens, Michael A. & Williamson, Jeffrey G.  A             
            tariff-growth paradox?  Protection's impact the world around
            1875-1997.  59p.                                            
     8571   Cook, Philip J. & Laub, John H.  After the epidemic: recent 
            trends in youth violence in the United States.  52p.        
     8540   Copeland, Brian R. & Taylor, M. Scott.  International trade 
            and the environment: a framework for analysis.  69p.        
     8556   Cutler, David M. & Meara, Ellen.  Changes in the age        
            distribution of mortality over the 20th century.  44p.      
     8562   Dave, Dhavel & Kaestner, Robert.  Alcohol taxes and labor   
            market outcomes.  25p.                                      
     8543   Davis, Donald R. & Weinstein, David E.  What role for       
            empirics in international trade?.  33p.                     
     8547   Davis, Steven J., Murphy, Kevin M. & Topel, Robert H.       
            Entry, pricing and product design in an initially           
            monopolized market.  52p.                                   
     8574   DeLeire, Thomas & Levy, Helen.  Gender, occupation choice   
            and the risk of death at work.  30p.                        




                                                           PAGE  74

     8559   Devereux, Michael B. & Engel, Charles.  Endogenous currency 
            of price setting in a dynamic open economy model.  34p.     
     8453   Dominguez, Kathryn M.E. & Tesar, Linda L.  Exchange rate    
            exposure.  39p.                                             
     8550   Engel, Charles & Morley, James C.  The adjustment of prices 
            and the adjustment of the exchange rate.  42p.              
     8554   Engle, Robert F. & Sheppard, Kevin.  Theoretical and        
            empirical properties of dynamic conditional correlation     
            multivariate GARCH.  43p.                                   
     8592   Feldstein, Martin & Samwick, Andrew.  Potential paths of    
            social security reform.  51p.                               
     8580   Fernandez, Raquel, Guner, Nezih & Knowles, John.  Love and  
            money: a theoretical and empirical analysis of household    
            sorting and inequality.  51p.                               
     8579   Findlay, Ronald & O'Rourke, Kevin H.  Commodity market      
            integration, 1500-2000.  69p.                               
     8551   Fisman, Raymond & Wei, Shang-Jin.  Tax rates and tax        
            evasion: evidence from "missing imports" in China.  33p.    
     8564   Friedman, Jed & Levinsohn, James.  The distributional impact
            of Indonesia's financial crisis on household welfare: a     
            `rapid response' methodology.  31p.                         
     8549   Galenson, David W.  Masterpieces and markets: why the most  
            famous modern paintings are not by American artists.  33p.  
     8598   Glaeser, Edward L. & Gyourko, Joseph.  Urban decline and    
            durable housing.  71p.                                      
     8575   Goldberg, Pinelopi K. & Pavcnik, Nina.  Trade protection and
            wages: evidence from the Colombian trade reforms.  55p.     
     8588   Hanushek, Eric, Leung, Charles K.Y. & Yilmaz, Kuzey.        
            Redistribution through education and other transfer         
            mechanisms.  33p.                                           
     8599   Hanushek, Eric A., Kain, John F. & Rivkin, Steven G.  Why   
            public schools lose teachers.  35p.                         
     8577   Horioka, Charles Y.  Are the Japanese selfish, altruistic,  
            or dynastic?.  53p.                                         
     8572   Johnson, Simon, McMillan, John & Woodruff, Christopher.     
            Courts and relational contracts.  67p.                      
     8597   Jovanovic, Boyan & Rousseau, Peter L.  Liquidity effects in 
            the bond market.  39p.                                      
     8541   Kaestner, Robert & Kaushal, Neeraj.  Immigrant and native   
            responses to welfare reform.  33p.                          
     8560   Kaestner, Robert, Kaushal, Neeraj & Van Ryzin, Gregg.       
            Migration consequences of welfare reform.  28p.             
     8569   Kaminsky, Graciela L. & Reinhart, Carmen M.  Financial      
            markets in times of stress.  57p.                           
     8573   Keller, Wolfgang.  International technology diffusion.  59p.
     8581   Lipsey, Robert E. & Ramstetter, Eric D.  Affiliate activity 
            in Japanese and U.S. multinationals and Japanese exports,   
            1986-1995.  29p.                                            
     8563   Lleras-Muney, Adriana.  Were compulsory attendance and child
            labor laws effective?  An analysis from 1915 to 1939.  38p. 
     8565   Lo, Andrew W. & Wang, Jiang.  Trading volume: implications  
            of an intertemporal capital asset pricing model.  62p.      
     8605   Lochner, Lance & Moretti, Enrico.  The effect of education  
            on crime: evidence from prison inmates, arrests, and        
            self-reports.  50p.                                         



                                                           PAGE  75

     8586   Lowry, Michelle & Schwert, G. William.  Biases in the IPO   
            pricing process.  41p.                                      
     8567   Mitchell, Olivia S.  Developments in decumulation: the role 
            of annuity products in financing retirement.  45p.          
     8568   Mowery, David C. & Ziedonis, Arvids A.  The geographic reach
            of market and non-market channels of technology transfer:   
            comparing citations and licenses of .  39p.                 
     8590   Mulligan, Casey B. & Hunter, Charles G.  The empirical      
            frequency of a pivotal vote.  28p.                          
     8531   Newhouse, Joseph P.  Medicare policy in the 1990s.  90p.    
     8536   Nicholson, Sean & Souleles, Nicholas S.  Physician income   
            expectations and speciality choice.  37p.                   
     8593   Popp, David.  Pollution control, innovations and the Clean  
            Air Act of 1990.  43p.                                      
     8595   Rockoff, Hugh.  The changing role of America's veterans.    
            39p.                                                        
     8585   Sigman, Hilary.  International spillovers and water quality 
            in rivers: do countries free ride?.  14p.                   
     8548   Sorensen, Alan T.  An empirical model of heterogeneous      
            consumer search for retail prescription drugs.  43p.        
     8542   Steckel, Richard H.  Health and nutrition in the            
            preindustrial era: insights from a millenium of average     
            heights in Northern Europe.  50p.                           

     UNIVERSITY OF NEW SOUTH WALES.  School of Economics.               

     2001-1 Alaouze, Chris M.  The effect of the non-market component of
            standing value on the optimal forest rotation.  35p.        
     2001-2 Olive, Michael.  The global transmission of prices after the
            law of one price is abandoned.  23p.                        
     2001-7 Meagher, Kieron J. & Wilson, Hugh.  Using the theory of the 
            firm to better understand the firm size effect on wages.    
            13p.                                                        
     2001-6 Meredith, David.  Economic factors in Australian federation,
            1891-1901.  30p.                                            
     2001-3 Olive, Michael.  The global transmission of prices after the
            law of one price is abandoned.  23p.                        

     NEW YORK UNIVERSITY.  Salomon Center (Stern School of Business).   

     200035 Basak, Suleyman & Shapiro, Alex.  A model of credit risk,   
            optimal policies, and asset prices.  39p.                   
     200034 Li, Kai.  Yes, historical volatility does contain           
            incremental information beyond option implied volatility.   
            38p.                                                        
     200033 Merrick, John J.  Pascal spreading of short-term interest   
            rate contracts.  36p.                                       
     200036 Saunders, Anthony & Walter, Ingo.  Are emerging-market      
            equities a separate asset class?.  46p.                     
     2001-5 Altman, Edward I. & Saunders, Anthony.  Credit ratings and  
            the BIS reform agenda.  22p.                                
     2001-4 Apreda, Rodolfo.  A cash flow model with float to deal with 
            corporate governance issues.  20p.                          
     2001-3 Apreda, Rodolfo.  Differential rates of return and residual 
            information sets: a discrete approach.  21p.                



                                                           PAGE  76

     200037 Figlewski, Stephen & Wang, Xiaozu.  Is the "leverage effect"
            a leverage effect?.  40p.                                   
     2001-1 Li, Kai.  Inferring volatility persistence from option      
            implied volatility.  55p.                                   
     2001-2 Li, Kai & Weinbaum, David.  The empirical performance of    
            alternative extreme value volatility estimators.  41p.      
     2001-6 Yu, Lei.  On the wealth and risk effects of the             
            Glass-Steagall overhaul: evidence from the stock market.    
            33p.                                                        
     200110 Altman, Edward I & Karlin, Brenda.  Default and returns on  
            high yield bonds: analysis through 2000 and default outlook.
             56p.                                                       
     2001-9 Altman, Edward I. & Cyrus, Keith.  Market size and          
            investment performance of defaulted bonds and bank loans,   
            1987- 2000.  37p.                                           
     200111 Apreda, Rodolfo.  Corporate governance in Argentina: new    
            developments through 1991-2000.  16p.                       
     200113 Brenner, Menachem, Ou, Ernest Y. & Zhang, Jin E.  Hedging   
            volatility risk.  31p.                                      
     200011 Dahiya, Sandeep & Saunders, Anthony.  Financial distress and
            bank lending relationships.  30p.                           
     2001-8 Fich, Eliezer M. & White, Lawrence J.  Why do CEOs          
            reciprocally sit on each other's boards?.  37p.             
     2001-7 White, Lawrence J.  The credit rating industry: an          
            industrial organization analysis.  36p.                     
     200115 Akhavein, Jalal, Frame, W. Scott & White, Lawrence J.  The  
            diffusion of financial innovations: an examination of the   
            adoption of small business credit scoring by large ba.  24p.
     200116 Berger, ALlen N., Goldberg, Lawrence G. & White, Lawrence J.
             The effects of dynamic changes in bank competition on the  
            supply of small business credit.  29p.                      
     200117 Butensky, Noah E.  Quantifying the impact of option-based   
            compensation on earnings for the 50 largest U.S. technology 
            companies.  21p.                                            
     200117 Cays, Stephen E.  A study on the measurement and prediction 
            of the indirect costs of bankruptcy.  11p.                  
     200117 Cusick, Philip A.  Price effects of addition or deletion    
            from the Standard & Poor's 500 Index: evidence of increasing
            market efficienc.  27p.                                     
     200117 Low, Audra L.  A study of two-step spinoffs.  14p.          
     200117 Ruta, Sebastian.  An examination of predictors of long-term 
            equity performance after corporate spinoffs in the 1990s.   
            18p.                                                        
     200114 Smith, Roy C. & Walter, Ingo.  Rating agencies: is there an 
            agency issue?.  51p.                                        
     200117 Swope, Matthew.  An examination of the impact of long-term  
            growth estimates.  22p.                                     
     200118 Cappielo, Lorenzo.  A conditioning multi-asset intertemporal
            CAPM with switching prices of risk.  72p.                   
     200120 Saunders, Anthony & Stover, Roger D.  Commercial bank       
            underwriting of credit-enhanced bonds: are there benefits to
            the issuer?.  25p.                                          
     200119 Walter, Ingo.  Financial integration across borders and     
            sectors: implications for regulatory structures.  51p.      




                                                           PAGE  77


     NORTHWESTERN UNIVERSITY. Center for Math Studies in Econ & Mgmt Sci

     1307   Bagwell, Kyle & Wolinsky, Asher.  Game theory and industrial
            organization.  52p.                                         
     1301   Baliga, Sandeep & Morris, Stephen.  Coordination,           
            spillovers, and cheap talk.  22p.                           
     1295   Battaglini, Marco.  Multiple referrals and multidimensional 
            cheap talk.  30p.                                           
     1313   Chung, Kim-Sau & Ely, Jeffrey C.  Efficient and dominance   
            solvable auctions with interdependent valuations.  38p.     
     1308   Dekel, Eddie & Wolinsky, Asher.  Rationalizable outcomes of 
            large independent private-value first-price discrete        
            auctions.  17p.                                             
     1309   Diermeier, Daniel & Van Mieghem, Jan A.  Coordination in    
            turnout games.  19p.                                        
     1302   Diermeier, Daniel & Van Mieghem, Jan A.  Spontaneous        
            collective action.  18p.                                    
     1304   Heifetz, Aviad & Spiegel, Yossi.  On the evolutionary       
            emergence of optimism.  26p.                                
     1312   Kalai, Ehud.  Private information in large games.  26p.     
     1300   Matsuyama, Kiminori.  Financial market globalization and    
            endogenous inequality of nations.  37p.                     
     1306   Pesendorfer, Wolfgang & Wolinsky, Asher.  Second opinions   
            and price competition: inefficiency in the market for expert
            advice.  31p.                                               
     1310   Solan, Eilon.  Continuity of the value in stochastic games. 
            5p.                                                         
     1311   Solan, Eilon.  The dynamics of the Nash equilibrium         
            correspondence and n-player stochastic games.  13p.         
     1299   Spiegel, Yossi & Wilkie, Simon.  Optimal multiproduct       
            nonlinear pricing with correlated consumer types.  24p.     
     1305   Wolinsky, Asher.  A market based approach to property tax.  
            17p.                                                        
     1303   Zheng, Charles.  An optimal auction when resale cannot be   
            prohibited.  41p.                                           

     NORWEGIAN SCHOOL OF ECONOMICS & BUSINESS ADMINISTRATION.           

     192000 Haaland, Jan I. & Wooton, Ian.  Multinational firms: easy   
            come, easy go?.  23p.                                       
     172000 Haufler, Andreas, Schjelderup, Guttorm & Stahler, Frank.    
            Commodity taxation and international trade in impefect      
            markets.  24p.                                              
     182000 Knarvik, Karen H.M., Overman, Henry G. & Venables, Anthony  
            J.  Comparative advantage and economic geography: estimating
            the location of production in the E.U.  35p.                
     21/200 Hakonsen, Lars & Schroyen, Fred.  The relation between two  
            measures of efficiency loss (MEB & MCF) under optimal       
            provision of public goods.  27p.                            
     1/2001 Kristiansen, Eirik Gaard.  Explicit and implicit incentives 
            in fund management.  30p.                                   
     20/200 Marchand, Maurice & Schroyen, Fred.  Markets for public and 
            private health care: redistribution arguments for a mixed   
            system.  23p.                                               



                                                           PAGE  78

     3/2001 Foros, Oystein, Kind, Hans J. & Sorgard, Lars.  Access      
            pricing, quality degradation, and foreclosure in the        
            internet.  32p.                                             
     4/2001 Foros, Oystein & Hansen, Bjorn.  Competition and            
            compatibility among internet service providers.  22p.       
     5/2001 Moen, Jarle.  Is mobility of technical personnel a source of
            R & D spillovers?.  41p.                                    
     2/2001 Sandmo, Agnar.  Bridging the tax-expenditure gap: green     
            taxes and the marginal cost of funds.  22p.                 
     122001 Henriksen, Espen, Knarvik, Karen H.M. & Steen, Frode.       
            Economies of scale in European manufacturing revisited.     
            29p.                                                        
     112001 Margolis, David N. & Salvanes, Kjell G.  Do firms really    
            share rents with their workers?.  37p.                      
     102001 Nielsen, Soren B., Raimondos-Moller, Pascalis & Schjelderup,
            Guttorm.  Formula apportionment and transfer pricing under  
            oligopolistic competition.  20p.                            
     9/2001 Nielsen, Soren B, Raimondos-Moller, Pascalis & Schjelderup, 
            Guttorm.  Tax spillovers under separate accounting and      
            formula apportionment.  29p.                                

     OHIO STATE UNIVERSITY.  Department of Economics.                   

     200013 Morelli, Massimo & Tertilt, Michele.  Policy stability under
            different electoral systems.  30p.                          
     200014 Morelli, Massimo & Vesterlund, Lise.  Provision point       
            mechanisms and over provision of public goods.  24p.        
     200011 McCulloch, J. Huston.  State-space time series modelling of 
            structural breaks.  13p.                                    
     200012 McCulloch, J. Huston.  Long forward and zero-coupon rates   
            indeed can never fall, but are indeterminate: a comment on  
            Dybvig, Ingersoll & R.  7p.                                 
     2001-4 Jang, Kyungho.  Impulse response analysis with long run     
            restrictions on error correction models.  38p.              
     2001-2 Jang, Kyungho & Ogaki, Masao.  The effects of monetary      
            policy shocks on exchange rates: a structural vector error  
            correction model approach.  33p.                            
     2001-1 Kim, Jaebeom, Ogaki, Masao & Yang, Min-Seok.  Structural    
            error correction models: instrumental variables methods and 
            an application to an exchange rate model.  43p.             
     2001-3 Morelli, Massimo & Montero, Maria.  The stable demand set:  
            general characterization and application to majority games. 
            26p.                                                        
     2001-9 Morelli, Massimo & Ghosal, Sayantan.  Retrading in market   
            games.  33p.                                                
     200110 Osano, Hiroshi.  Stock options and employers' firm-specific 
            human capital under the threat of divestiture and           
            acquisition.  52p.                                          
     200111 Wang, Hao.  Resale price in an oligopoly with uncertain     
            demand.  36p.                                               

     OSAKA UNIVERSITY.  Institute of Social and Economic Research.      

     513    Ashiya, Masahiro.  Japanese GDP forecasters are pessimistic 
            in boom, optimistic in recession, and always too jumpy.     
            12p.                                                        


                                                           PAGE  79

     510    Horii, Ryo.  Emergence of new industries and endogenous     
            growth cycles.  54p.                                        
     519    Ikeda, Shinsuke.  Tariffs, time preference, and the current 
            account under weakly nonseparable preferences.  21p.        
     511    Ohkusa, Yasushi.  An empirical evidence of moral hazard due 
            to unemployment benefits.  28p.                             
     525    Dasgupta, Dipankar.  Government spending in a model of      
            endogenous growth with private and public capital.  45p.    
     522    Ii, Masako & Ohkusa, Yasushi.  An empirical research of     
            substitutability between medical services and over the      
            counter medication: an analysis of .  51p.                  
     528    Ikeda, Shinsuke.  Luxury and wealth accumulation.  31p.     
     530    Kawaguchi, Daiji.  Human capital accumulation of salaried   
            and self-employed workers.  30p.                            
     529    Kuga, Kiyoshi.  The non-substitution theorem: multiple      
            primary factors and the cost function approach.  7p.        
     524    Ono, Yoshiyasu.  Growth of stagnation: economic consequences
            of status preference.  20p.                                 
     527    Ono, Yoshiyasu.  International spillover of economic        
            fluctuations: a dynamic optimization approach.  23p.        

     UNIVERSITY OF OTTAWA.  Department of Economics.                    

     2001-1 Day, Kathleen & Grafton, R. Quentin.  Economic growth and   
            the environment: a Canadian perspective.  54p.              
     2001-3 Grafton, R. Quentin, Knowles, Stephen & Owen, P. Dorian.    
            Social divergence and economic performance.  36p.           
     2001-5 Coulombe, Serge.  Human capital, urbanization, and Canadian 
            provincial growth.  26p.                                    
     2001-4 Quyen, N.V. & Vafa, M.H. Zahedi.  Endogenous growth: a      
            sequential stochastic search model for new technology.  42p.
     2001-6 Beine, Michel & Coulombe, Serge.  Should Canadian regions   
            adopt the U.S. dollar?.  20p.                               
     2001-7 Demers, Frederick & Rodriguez, Gabriel.  Estimation of the  
            Taylor rule for Canada under multiple structural changes.   
            27p.                                                        
     2001-8 Rodriguez, Gabriel & Samy, Yiagadeesen.  Analyzing the      
            effects of labor standards on U.S. export performance: a    
            time series approach with structural change.  30p.          

     UNIVERSITY OF OXFORD.  Nuffield College.                           

     200023 Berlinski, Samuel G.  On the estimation and testing of wage 
            equations using GMM.  36p.                                  
     200028 Bowsher, Clive G.  On testing overidentifying restrictions  
            in dynamic panel data models.  18p.                         
     200026 Klemperer, Paul.  What really matters in auction design.    
            28p.                                                        
     200025 Klemperer, Paul.  Why every economist should learn some     
            auction theory.  48p.                                       
     200027 Nocke, Volker.  Monopolisation and industry structure.  39p.
     200030 Zizzo, Daniel J. & Sgroi, Daniel.  Bounded-rational behavior
            by neural networks in normal form games.  57p.              
     200032 Clements, Michael P. & Krolzig, Hans-Martin.  Business cycle
            asymmetries: characterisation and testing based on Markov   
            switching autoregressions.  30p.                            


                                                           PAGE  80

     200036 Clements, Michael P. & Krolzig, Hans-Martin.  Can oil chocks
            explain asymmetries in the U.S. business cycle?.  19p.      
     200033 Krolzig, Hans-Martin.  Business cycle measurement in the    
            presence of structural change: international evidence.  19p.
     200034 Krolzig, Hans-Martin.  General-to-specific reduction of     
            vector autoregressive processes.  20p.                      
     200031 Krolzig, Hans-Martin.  Predicting Markov switching vector   
            autoregressive processes.  30p.                             
     200035 Krolzig, Hans-Martin & Toro, Juan.  Testing for cobreaking  
            and super exogeneity in the presence of deterministic       
            shifts.  17p.                                               
     200037 Krolzig, Hans-Martin, Marcellino, Massimiliano & Mizon,     
            Grayham E.  A Markov switching vector equilibrium correction
            model of the U.K. labour market.  20p.                      
     2001-5 Federico, Giulio & Rahman, David.  Bidding in an electricity
            pay-as-bid auction.  39p.                                   
     200111 Gerhard, Frank.  A simple dynamic model for limited         
            dependent variables.  24p.                                  
     2001-7 Nunziata, Luca & Staffolani, Stefano.  On short-term        
            contracts regulations.  36p.                                
     2001-4 Barndorff-Nielsen, Ole E. & Shephard, Neil.  Econometric    
            analysis of realised volatility and its use in estimating   
            stochastic volatility models.  32p.                         
     200112 Quah, John K.H.  Demand is heterogeneous in Grandmont's     
            model.  12p.                                                
     2001-3 Quah, John K.H.  Comparative statics of the weak axiom.     
            21p.                                                        
     200118 Barndorff-Nielsen, Ole E. & Shephard, Neil.  Realised power 
            variation and stochastic volatility models.  12p.           
     200115 Engle-Warnick, Jim & Slonim, Robert L.  The fragility and   
            robustness of trust.  29p.                                  
     200113 Engle-Warnick, Jim & Slonim, Robert L.  Infering repeated   
            game strategies from actions: evidence from trust game      
            experiments.  34p.                                          
     200114 Engle-Warnick, Jim.  Inferring strategies from observed     
            actions: a nonparametric, binary tree classification        
            approach.  27p.                                             
     200119 Federico, Guilio.  IMF conditionality.  51p.                
     200117 Nocke, Volker & Peitz, Martin.  Hyperbolic discounting and  
            secondary markets.  48p.                                    

     UNIVERSITY OF PENNSYLVANIA.  Center for Analytic Research in Econ. 

     200016 Bhaskar, V. & Obara, Ichiro.  Belief based equilibria in the
            repeated prisoners' dilemma with private monitoring.  32p.  
     200020 Mailath, George J., Obara, Ichiro & Sekiguichi, Tadashi.    
            The maximum efficient equilibrium payoff in the repeated    
            prisoners' dilemma.  25p.                                   
     2001-8 Boyarchenko, Svetlana.  Arrow's equivalence theorem in a    
            model with neoclassical firms.  41p.                        
     2001-3 Boyarchenko, Svetlana.  Capital accumulation under          
            non-Gaussian processes and the Marshallian Law.  48p.       
     200019 Corneo, Giacomo & Rob, Rafael.  Working in public and       
            private firms.  32p.                                        




                                                           PAGE  81

     2001-7 Gomes, Armando.  Externalities and renegotiations in        
            three-player coalitional bargaining.  49p.                  
     2001-6 Gomes, Armando & Novaes, Walter.  Sharing of control as a   
            corporate governance mechanism.  42p.                       
     2001-2 McLean, Richard P. & Postlewaite, Andrew.  Informational    
            size, incentive compatibility and the core of a game with   
            incomplete information.  25p.                               
     2001-5 Miravete, Eugenio J.  On preservation of increasing hazard  
            rate under convolution.  12p.                               
     2001-1 Miravete, Eugenio J.  Screening through bundling.  21p.     
     2001-9 Persico, Nicola.  Racial fairness and effectiveness of      
            policing.  36p.                                             
     2001-4 Rob, Rafael & Vettas, Nikolaos.  Foreign direct investment  
            and exports with growing demand.  50p.                      
     200021 Rob, Rafael & Zemsky, Peter.  Social capital, corporate     
            culture, and incentive intensity.  28p.                     
     200113 Gomes, Armando.  Multilateral negotiations and formation of 
            coalitions.  53p.                                           
     200112 Gomes, Armando.  Takeovers, freezeouts, and risk arbitrage. 
            46p.                                                        
     200110 Mailath, George J., Matthews, Steven A. & Sekiguchi,        
            Tadashi.  Private strategies in finitely repeated games with
            imperfect public monitoring.  19p.                          
     200114 Pessoa, Samuel de Abreu.  Welfare characterization of       
            monetary-applied models and three implications.  39p.       
     200111 Rob, Rafael & Sekiguchi, Tadashi.  Product quality,         
            reputation and turnover.  20p.                              
     200116 Davila, Julio.  Multiplicity, instability and sunspots in   
            games.  21p.                                                
     200119 Gomes, Armando & Jehiel, Philippe.  Dynamic processes of    
            social and economic interactions: on the persistence of     
            inefficiencies.  51p.                                       
     200118 Shachmurove, Yochanan.  Dynamic co-movements of stock       
            indices: the emerging Middle Eastern and the United States  
            markets.  42p.                                              
     200117 Shachmurove, Yochanan, et al.  A moving average comparison  
            of the Tel-Aviv 25 and S&P 500 stock indices.  35p.         
     200120 Shachmurove, Yochanan.  Tests of financial markets'         
            efficiency for 13 small European countries.  33p.           
     200123 Caucutt, Elizabeth M., Guner, Nezih & Knowles, John.  The   
            timing of births: a marriage market analysis.  38p.         
     200122 Fernandez, Raquel, Guner, Nezih & Knowles, John.  Love and  
            money: a theoretical and empirical analysis of household    
            sorting and inequality.  51p.                               
     200121 Guner, Nezih & Knowles, John.  Marriage, fertility and      
            divorce: a dynamic equilibrium analysis of social policy in 
            Canada.  27p.                                               
     200124 Davila, Julio, Gottardi, Piero & Kajii, Atsushi.  Local     
            sunspot equilibria reconsidered.  27p.                      

     UNIVERSITY OF PENNSYLVANIA.  Institute for Economic Research.      

     2000-2 Chang, Yongsung.  Labor supply shifts and economic          
            fluctuations.  42p.                                         




                                                           PAGE  82


     PRINCETON UNIVERSITY.  Industrial Relations Section.               

     449    Kling, Jeffrey R. & Krueger, Alan B.  Costs, benefits and   
            distributional consequences of inmate labor.  15p.          
     450    Western, Bruce, Kling, Jeffrey R. & Weiman, David F.  The   
            labor market consequences of incarceration.  26p.           
     451    Krueger, Alan B. & Whitmore, Diane M.  Would smaller classes
            help close the black-white achievement gap?.  47p.          
     453    Farber, Henry S.  Job loss in the United States, 1981-1999. 
            38p.                                                        
     452    Farber, Henry S.  Notes on the economics of labor unions.   
            24p.                                                        
     454    Hines, James R., Hoynes, Hilary & Krueger, Alan B.  Another 
            look at whether a rising tide lifts all boats.  66p.        
     455    Angrist, Joshua D. & Krueger, Alan B.  Instrumental         
            variables and the search for identification: from supply and
            demand to natural experiments.  28p.                        
     456    Deschenes, Olivier.  Unobserved ability, comparative        
            advantage, and the rising return to education in the United 
            States: a cohort-based .  75p.                              
     458    Lubotsky, Darren.  The effect of changes in the U.S. wage   
            structure on recent immigrants' earnings.  26p.             
     457    Lubotsky, Darren & Wittenberg, Martin.  Interpretation of   
            regressions with multiple proxies.  31p.                    
     460    Farber, Henry S. & Western, Bruce.  Ronald Reagan and the   
            politics of declining union organization.  20p.             
     459    Linsenmeier, David M., Rosen, Harvey S. & Rouse, Cecilia E. 
            Financial aid packages and college enrollment decisions: an 
            econometric case study.  25p.                               

     PRINCETON UNIVERSITY.  International Economics Section-Essays.     

     219    Clarida, Richard H.  G-3 exchange rate relationships: a     
            review of the record and of proposals for change.  51p.     
     221    Cohen, Benjamin J.  Life at the top: international          
            currencies in the twenty-first century.  36p.               
     220    Fischer, Stanley.  On the need for an international lender  
            of last resort.  32p.                                       
     222    Kanaya, Akihiro & Woo, David.  The Japanese banking crisis  
            of the 1990s: sources and lessons.  49p.                    
     223    Park, Yung Chul.  The East Asian dilemma: restructuring out 
            or growing out?.  95p.                                      

     PRINCETON UNIVERSITY.  International Economics Section-Studies.    

     88     Rajan, Ramkishen S.  (Ir)relevance of currency-crisis theory
            to the devaluation and collapse of the Thai Baht.  80p.     
     89     Sarno, Lucio & Taylor, Mark P.  The microstructure of the   
            foreign exchange market: a selective survey of the          
            literature.  54p.                                           

     PRINCETON UNIVERSITY.  Woodrow Wilson School-Papers in Economics.  

     211    Benabou, Roland & Ok, Efe A.  Mobility as progressivity:    
            ranking income processes according to equality of           
            opportunity.  26p.                                          

                                                           PAGE  83

     213    Morgan, John, Orzen, Henrik & Sefton, Martin.  An           
            experimental study of price dispersion.  43p.               

     PURDUE UNIVERSITY.  Inst. for Research in Behav, Econ & Mgmt Sci.  

     1140   Camera, Gabriele.  Search, dealers, and the terms of trade. 
            38p.                                                        
     1141   Masclet, David, et al.  Monetary and non-monetary punishment
            in the voluntary contributions mechanism.  44p.             
     1142   Noussair, Charles, Robin, Stephane & Ruffieux, Bernard.  Do 
            consumers not care about biotech foods or do they just not  
            read the labels?.  18p.                                     
     1139   Noussair, Charles, Robin, Stephane & Ruffieux, Bernard.     
            Genetically modified organisms in the food supply: public   
            opinion vs. consumer behavior.  52p.                        
     1143   Folta, Timothy B., Johnson, Douglas R. & O'Brien, Jonathan. 
            Uncertainty and the likelihood of entry: an empirical       
            assessment of the moderating role of irreversibility.  35p. 
     1147   Camera, Gabriele & Delacoix, Alain.  Bargaining or price    
            posting?.  28p.                                             
     1145   Camera, Gabriele & Blankenau, William.  Productive education
            or a marketable degree?.  34p.                              
     1144   Chaturvedi, Alok, Gupta, Mukul & Gupta, Sameer.  Issues in  
            server farm design for real time E-commerce transactions.   
            36p.                                                        
     1146   Koksalan, Murat & Pamuk, Selcen.  An evolutionary           
            metaheuristic for approximating preference-nondominated     
            solutions.  35p.                                            

     QUEEN'S UNIVERSITY.  Institute for Economic Research.              

     998    Jha, Raghbendra, Biswal, Bagala & Biswal, Urvashi D.  An    
            empirical analysis of the impact of public expenditures on  
            education and health on poverty in Indian states.  30p.     
     999    Secrieru, Oana.  Tax competition and tax harmonisation in an
            urban context.  33p.                                        

     UNIVERSITY OF ROCHESTER.  Center for Economic Research.            

     474    Chen, Zengjing & Epstein, Larry G.  Ambiguity, risk and     
            asset returns in continuous time.  47p.                     
     475    Greenwood, Jeremy & Jovanovic, Boyan.  Accounting for       
            growth.  0p.                                                
     476    Squintani, Francesco.  Signalling quality by delaying sales.
             34p.                                                       
     481    Aiyagari, S. Rao, Greenwood, Jeremy & Seshadri, Ananth.     
            Efficient investment in children.  49p.                     
     478    Epstein, Larry G. & Miao, Jianjun.  A two-person dynamic    
            equilibrium under ambiguity.  49p.                          
     479    Gomes, Joao, Greenwood, Jeremy & Rebelo, Sergio.            
            Equilibrium umemployment.  63p.                             
     480    Squintani, Francesco.  A few humble observations on         
            overconfidence and equilibrium.  34p.                       
     477    Squintani, Francesco.  Optimal contracts under generalized  
            verifiability correspondences.  34p.                        



                                                           PAGE  84

     482    Burnside, Craig, Eichenbaum, Martin & Rebelo, Sergio.  On   
            the fiscal implications of twin crises.  38p.               
     485    Epstein, Larry G. & Schneider, Martin.  Recursive           
            multiple-priors.  40p.                                      
     483    Lochner, Lance.  A theoretical and empirical study of       
            individual perceptions of the criminal justice system.  52p.
     484    Squintani, Francesco.  Backward induction and model         
            deterioration.  56p.                                        

     UNIVERSITY OF ROCHESTER.  Wallis Inst. of Political Economy.       

     20     Banks, Jeremy & Duggan, John.  Existence of Nash equilibria 
            on convex sets.  13p.                                       
     19     Duggan, John & Fey, Mark.  Electoral competition with       
            policy-motivated candidates.  33p.                          
     21     Duggan, John.  Non-cooperative games among groups.  12p.    

     UNIVERSITA DI ROMA.  Centro Interdipartimentale di Economia Int'l. 

     60     Anzuini, Alessio & Gandolfo, Giancarlo.  Currency crises and
            speculative attacks: a comparison between two different     
            forecasting approaches.  19p.                               
     61     Mariani, Fabio & Padoan, Pier Carlo.  Exchange rate regimes 
            and employment in transition: theoretical and empirical     
            aspects.  22p.                                              
     65     Federici, Daniela & Santoro, Sergio.  Monetary shocks and   
            real exchange rate dynamics.  24p.                          
     64     Nenna, Manuela.  Price level convergence among Italian      
            cities: any role for the Harrod-Balassa- Samuelson          
            hypothesis?.  28p.                                          

     UNIVERSITY OF SAARLAND.  Department of Economics.                  

     2000-3 Breit, Joachim, Schmidt, Gunter & Strusevich, Vitaly A.     
            Two-machine open ship scheduling with an availability       
            constraint.  16p.                                           
     2000-2 Friedman, Ralph & Sanddorf-Kohle, Walter.  Volatility       
            clustering and nontrading days in Chinese stock markets.    
            36p.                                                        

     UNIVERSITY OF STOCKHOLM.  Department of Economics.                 

     200014 Siven, Claes-Henric.  Analytical foundations of Erik        
            Lindahl's monetary analysis, 1924-30.  50p.                 
     2001-1 Hackner, Jonas.  Vertical integration and competition       
            policy.  18p.                                               
     2001-2 Lindquist, Matthew J.  Capital-skill complementarity and    
            inequality in Swedish industry.  53p.                       
     2001-3 Erixon, Lennart.  Transformation pressure and growth: a     
            missing link in macroeconomics.  36p.                       
     2001-4 Restad, Tomas.  Solovia revisited: an extension of the      
            Solowian growth model.  13p.                                
     2001-5 Lindbeck, Assar & Nyberg, Sten.  Raising children to work   
            hard: altruism, work norms and social insurance.  32p.      




                                                           PAGE  85

     2001-6 Persson, Mats & Siven, Claes-Henric.  Incentive and         
            incarceration effects in a general equilibrium model of     
            crime.  29p.                                                
     2001-7 Guiborg, Gabriela.  Interoperability and network            
            externalities in electronic payments.  38p.                 
     200110 Nekby, Lena.  Pure vs. mutual sick insurance societies:     
            evidence from Swedish historical data.  34p.                
     2001-8 Nekby, Lena, Arai, Mahmood & Lundholm, Michael.  Economies  
            of scale and sorting in pure vs. mutual insurance societies:
            evidence from historical data.  23p.                        

     TEL-AVIV UNIVERSITY.  Eitan Berglas School of Economics.           

     252000 Arad, Nir.  An explanation of hyperbolic marginal utility   
            from money.  15p.                                           
     242000 Heifetz, Aviad & Spiegel, Yossi.  On the evolutionary       
            emergence of optimism.  26p.                                
     1/2001 Hercowitz, Zvi & Strawczynski, Michel.  Fiscal policy       
            dynamics with a public-debt guideline.  21p.                
     232000 Razin, Assaf, Sadka, Efraim & Swagel, Phillip.  The aging   
            population and the size of the welfare state.  26p.         
     3/2001 Balsam, Ayelet & Eckstein, Zvi.  Real business cycles in a  
            small open economy with non-traded goods.  38p.             
     5/2001 Bar-Gill, Oren & Fershtman, Chaim.  The limit of public     
            policy: endogenous preferences.  27p.                       
     2/2001 Fershtman, Chaim, Weiss, Yoram & Hvide, Hans K.  Status     
            concerns and the organization of work.  44p.                
     4/2001 Hamo, Yoram & Heifetz, Aviad.  An evolutionary perspective  
            on goal seeking and escalation of commitment.  16p.         
     6/2001 Eliaz, Kfir.  Nash equilibrium when players account for the 
            complexity of their forecasts.  34p.                        
     9/2001 Frankel, David M.  Payoff shocks and equilibrium selection  
            with endogenous flexibility.  41p.                          
     102001 Frankel, David M.  Shocks and business cycles.  20p.        
     7/2001 Grossman, Gene M. & Helpman, Elhanan.  Integration vs.      
            outsourcing in industry equilibrium.  48p.                  
     8/2001 Trajtenberg, Manuel.  Government support for commercial R&D:
            lessons from the Israeli experience.  53p.                  
     152001 Aragones, Enriqueta, et al.  Rhetoric and analogies.  24p.  
     212001 Billot, Antoine, et al.  Bargaining over an uncertain       
            outcome: the role of beliefs.  12p.                         
     142001 Eckwert, Bernhard & Zilcha, Itzhak.  The effect of better   
            information on growth and welfare.  29p.                    
     112001 Eliaz, Kfir.  Arrow's theorem and the Gibbard-Satterthwaite 
            theorem as special cases of a single theorem.  10p.         
     122001 Eliaz, Kfir.  An equilibrium for games played by imperfect  
            organizations.  20p.                                        
     162001 Gilboa, Itzhak, et al.  The cost of comfort: affective      
            packages in consumer decisions.  31p.                       
     182001 Gilboa, Itzhak & Schmeidler, David.  A derivation of        
            expected utility maximization in the context of a game.     
            23p.                                                        
     192001 Gilboa, Itzhak & Schmeidler, David.  Inductive inference: an
            axiomatic approach.  56p.                                   




                                                           PAGE  86

     202001 Gilboa, Itzhak & Gilboa-Schechtman, Eva.  Mental accounting 
            and the absentminded driver.  14p.                          
     172001 Gilboa, Itzhak, Samet, Dov & Schmeidler, David.  Utilitarian
            aggregation of beliefs and tastes.  10p.                    
     132001 Viaene, Jean-Marie & Zilcha, Itzhak.  Human capital         
            formation, income inequality and growth.  21p.              
     242001 Aumann, Robert J. & Heifetz, Aviad.  Incomplete information.
             26p.                                                       
     262001 Blumkin, Tomer & Sadka, Efraim.  Estate taxation.  31p.     
     222001 Gilboa, Itzhak & Schmeidler, David.  Subjective             
            distributions.  11p.                                        
     252001 Heifetz, Aviad & Segev, Ella.  The evolutionary role of     
            toughness in bargaining.  30p.                              
     232001 Hvide, Hans K. & Heifetz, Aviad.  Free-entry equilibrium in 
            a market for certifiers.  31p.                              
     292001 Hall, Bronwyn, Jaffe, Adam & Trajtenberg, Manuel.  The NBER 
            patent citations data file: lessons, insights and           
            methodological tools.  74p.                                 
     272001 Rosenberg, Nathan & Trajtenberg, Manuel.  A general purpose 
            technology at work: the Corliss steam engine in the late    
            19th century U.S.  67p.                                     
     282001 Spiegler, Ran.  Testing threats in repeated games.  32p.    

     UNIVERSITY OF TOKYO. Ctr. for Int'l. Research on the Japanese Econ.

     94     Boadway, Robin W., Hobson, Paul A.R. & Mochida, Nobuki.     
            Fiscal equalization in Japan: assessment and                
            recommendations.  47p.                                      
     88     Eguchi, Kyota.  Employment protection regulations and new   
            hiring.  22p.                                               
     91     Eguchi, Kyota.  Unions, job security, and incentives of     
            workers.  30p.                                              
     90     Itoh, Motoshige & Shimoi, Naoki.  On the role of monetary   
            policy in a deflationary economy: the case of Japan.  43p.  
     92     Matsui, Akihiko & Shimizu, Takashi.  A theory of money with 
            market places.  47p.                                        
     95     Nakagane, Katsuji.  State owned enterprise reform and       
            privatization in China: a note on several theoretical and   
            empirical issues.  26p.                                     
     93     Tabuchi, Takatoshi, Thisse, Jacques F. & Zeng, Dao-Zhi.  On 
            the evolution of a multi-regional system.  41p.             
     89     Takemura, Akimichi & Kuriki, Satoshi.  Maximum covariance   
            difference test for equality of two covariance matrices.    
            19p.                                                        
     54     Takemura, Akimichi & Kuriki, Satoshi.  Maximum of Gaussian  
            field on piecewise smooth domain: equivalence of tube method
            and Euler characteristic method.  26p.                      
     101    Fukuda, Shin-ichi & Onoders, Takashi.  A new composite index
            of coincident economic indicators in Japan: how can we      
            improve the forecast performance?.  33p.                    
     106    Ihara, Motoi & Kudo, Akira.  Technology transfer and        
            adaptation to local conditions: multinationalization of the 
            Japanese chemical industry and .  38p.                      
     100    Iwai, Katsuhito.  What is a corporation?  The corporate     
            personality controversy and comparative corporate           
            governance.  28p.                                           


                                                           PAGE  87

     98     Matsushima, Hitoshi.  Small verifiability in long-term      
            relationships.  38p.                                        
     103    Miwa, Yoshiro & Ramseyer, J. Mark.  Apparel distribution:   
            inter-firm contracting and intra-firm organization.  27p.   
     105    Miwa, Yoshiro & Ramseyer, J. Mark.  Does ownership matter?  
            Evidence from the Zaibatsu dissolution program.  18p.       
     102    Miwa, Yoshiro & Ramseyer, J. Mark.  Japanese distribution:  
            background, issues, examples.  25p.                         
     104    Miwa, Yoshiro & Ramseyer, J. Mark.  Property rights and     
            indigenous tradition among early 20th century Japanese      
            firms.  12p.                                                
     96     Morita, Masataka & Nishimura, Kiyohiko G.  Information      
            technology and automobile distribution: a comparative study 
            of Japan and the United States.  39p.                       
     97     Nishimura, Kiyohiko G. & Shirai, Masato.  Fixed costs,      
            imperfect competition and bias in technology measurement:   
            Japan and the United States.  36p.                          
     99     Tabuchi, Takatoshi & Thisse, Jacques-F.  Labor mobility and 
            economic geography.  28p.                                   
     107    Takeishi, Akira & Fujimoto, Takahiro.  Modularization in the
            auto industry: interlinked multiple hierarchies of product, 
            production, and supplier systems.  23p.                     
     115    Fukuda, Shin-ichi.  A model of Keynesian under Knightian    
            uncertainty.  24p.                                          
     114    Kandori, Michihiro.  Introduction to repeated games with    
            private monitoring.  17p.                                   
     109    Miwa, Yoshiro & Ramseyer, J. Mark.  The fable of the        
            keiretsu.  35p.                                             
     113    Nishimura, Kiyohiko G. & Ozaki, Hiroyuki.  A note on        
            learning under the Knightian uncertainty.  9p.              
     112    Nishimura, Kiyohiko G. & Ozaki, Hiroyuki.  Search and       
            Knightian uncertainty.  38p.                                
     116    Okazaki, Tetsuji.  The role of the merchant coalition in    
            premodern Japanese economic development: an historical      
            institutional analysis.  29p.                               
     111    Okazaki, Tesuji & Yokoyama, Kazuki.  Governance and         
            performance of banks in prewar Japan: testing the `organ    
            bank' hypothesis quantitatively.  42p.                      
     110    Takenouchi, Masaki.  International division of labour and   
            migration as a global labour supply: a theoretical          
            perspective to study intern.  47p.                          
     108    Wasti, S. Nazli.  Predictors of trust in buyer-supplier     
            relations: a contextual and cultural comparison of Japan and
            Turkey.  25p.                                               
     125    Abe, Makoto.  Investigating behavioral explanations for     
            asymmetric price competition.  52p.                         
     119    Atbatskaya, Maria, Mukopadhyaya, Kaushik & Rasmusen, Eric.  
            The parking lot problem.  29p.                              
     121    Fujimoto, Takahiro & Takeishi, Akira.  Automobiles:         
            strategy-based lean production system.  33p.                
     117    Janssen, Maarten & Rasmusen, Eric.  Bertrand competition    
            under uncertainty.  31p.                                    
     124    Kitamura, Yuichi, Tripathi, Gautam & Ahn, Hyungtaik.        
            Empirical likelihood-based inference in conditional moment  
            restriction models.  41p.                                   



                                                           PAGE  88

     122    Kunitomo, Naoto & Sato, Seisho.  A generalized SSAR model   
            and predictive distribution with an application to VaR.     
            21p.                                                        
     118    Lyon, Thomas P. & Rasmusen, Eric.  Option contracts and     
            renegotiation in complex environments.  27p.                
     120    Marsh, Terry & Kobayashi, Takao.  The contributions of      
            Professors Fischer Black, Robert Merton, and Myron Scholes  
            to the financial services industry.  28p.                   
     123    Matsushima, Hitoshi.  The folk theorem with private         
            monitoring.  32p.                                           
     126    Ramseyer, J. Mark & Rasmusen, Eric B.  When are judges and  
            bureaucrats left independent? Theory and history from       
            Imperial Japan, postwar Japan and the Uni.  46p.            
     127    Rasmusen, Eric B.  Strategic implications of uncertainty    
            over one's own private value in auctions.  27p.             
     136    Aoki, Masano & Yoshikawa, Hiroshi.  A new model of economic 
            fluctuations and growth.  31p.                              
     130    Hanazaki, Masaharu & Horiuchi, Akiyoshi.  Can the financial 
            restraint hypothesis explain Japan's postwar experience?.   
            45p.                                                        
     134    Horioka, Charles Y.  Are the Japanese selfish, altruistic,  
            of dynastic?.  47p.                                         
     135    Iwai, Katsuhito.  The nature of the business corporation:   
            its legal structure and economic functions.  40p.           
     133    Iwami, Toru.  "Advantage of latecomer" in abating           
            air-pollution: experience in East Asia.  34p.               
     129    Kunitomo, Naoto & Kim, Yong-Jin.  Effects of stochastic     
            interest rates and volatility on contingent claims.  33p.   
     128    Matsushima, Hitoshi.  Stable implementation.  48p.          
     132    Miwa, Yoshiro & Ramseyer, J. Mark.  Directed credit?        
            Capital market competition in high-growth Japan.  35p.      
     137    Miwa, Yoshiro & Ramseyer, J. Mark.  Financial malaise and   
            the myth of the misgoverned firm.  28p.                     
     131    Miwa, Yoshiro & Ramseyer, J. Mark.  The myth of the main    
            bank: Japan and comparative corporate governance.  18p.     

     U.S. DEPARTMENT OF JUSTICE.  Economic Analysis Group.              

     200012 Alexander, Cindy R., Arlen, Jennifer & Cohen, Mark A.       
            Toward an empirical foundation for federal sentencing       
            practice: an evaluation of corporate sentencing data.  25p. 
     200011 Emch, Eric.  Price discrimination via proprietary           
            aftermarkets.  41p.                                         
     2000-8 Konishi, Hideo & Sandfort, Michael T.  Existence of         
            stationary equilibrium in the markets for new and used      
            durable goods.  33p.                                        
     2000-9 Raskovich, Alex.  Pivotal buyers and bargaining power.  25p.
     200010 Romeo, Charles, Pittman, Russell & Familant, Norman.  Do    
            newspaper JOAs charge monopoly advertising rates?  Theory   
            and evidence.  22p.                                         
     2001-4 Danger, Kenneth & Frech, H.E.  Critical thinking about      
            "critical loss" in antitrust.  17p.                         
     2001-3 Ennis, Sean.  Competition and price dispersion in           
            international long distance calling.  28p.                  




                                                           PAGE  89

     2001-1 Ghosal, Vivek.  The impact of uncertainty and sunk costs on 
            firm dynamics and industry structure: evidence from the U.S.
            manufactur.  49p.                                           
     2001-5 Romeo, Charles J. & Dick, Andrew R.  The effect of format   
            changes and ownership consolidation on radio station        
            outcomes.  29p.                                             
     2001-2 Sullivan, Mary.  How many trademarks does it take to protect
            a brand?  The optimal number of trademarks, branding        
            strategy and brand.  24p.                                   
     2001-9 Capps, Cory, Dranove, David & Satterthwaite, Mark.          
            Competition and market power in option demand markets.  46p.
     2001-6 Greenlee, Patrick & Raskovich, Alexander.  Vertical         
            ownership without control.  27p.                            
     2001-7 Pittman, Russell.  Vertical restructuring of the            
            infrastructure sectors of transition economies.  36p.       
     2001-8 Reitman, David.  Mergers in durable goods markets with      
            rational customers.  30p.                                   
     200110 Waehrer, Keith & Perry, Martin K.  The effects of mergers in
            open auction markets.  25p.                                 

     UNIVERSITY OF WESTERN ONTARIO.  Department of Economics.           

     200014 Berger, Helge, Hefeker, Carsten & Schoeb, Ronnie.  Optimal  
            central bank conservatism and monopolt trade unions.  24p.  
     2000-7 Blomqvist, Ake.  Economic efficiency and QALY-based         
            cost-utility analysis in health care.  24p.                 
     200010 Busch, Lutz-Alexander & Horstmann, Ignatius J.  The game of 
            negotiations: ordering issues and implementing agreements.  
            35p.                                                        
     200013 Deng, Xiaotie, Xu, Chunlei & Zhang, Shunming.  Dynamic      
            arbitrage-free asset pricing with proportional transaction  
            costs.  14p.                                                
     200011 Horstmann, Ignatius J. & Scharf, Kimberley A.  The new      
            federalism: distributional conflict, voluntarism, and       
            segregation.  31p.                                          
     200012 Polborn, Mattias K.  Endogenous majority rules with changing
            preferences.  27p.                                          
     2000-8 Stinebrickner, Todd R. & Stinebrickner, Ralph.  The         
            relationship between family income and schooling attainment:
            evidence from a liberal arts college...  48p.               
     2000-9 Stinebrickner, Todd R. & Stinebrickner, Ralph.  Working     
            during school and academic performance.  29p.               
     200018 Berger, Mark C., Black, Dan & Smith, Jeffrey.  Evaluating   
            profiling as a means of allocating government services.     
            40p.                                                        
     200015 Chade, Hector & Ventura, Gustavo.  Taxes and marriage: a    
            two-sided search analysis.  45p.                            
     200017 Davies, James B., Zhang, Jie & Zeng, Jinli.  Optimal tax mix
            in a two-sector growth model with transitional dynamics.    
            46p.                                                        
     200016 Fried, Joel.  High closing.  19p.                           

     WORLD INSTITUTE FOR DEVELOPMENT ECONOMICS RESEARCH(United Nations) 

     163    Holler, Manfred J.  On the regulation of telecommunications 
            markets.  50p.                                              


                                                           PAGE  90


     ZAGREB INSTITUTE OF PUBLIC FINANCE.  Occasional Papers.            

     11     Mihaljek, Dubravko.  Toward a long-term strategy of economic
            development of Croatia: where to begin, what to do, and how 
            to do it?.  35p.                                            

     COWLES FOUNDATION AT YALE UNIVERSITY.  Reprint Series.             

     1005   Geanakoplos, John, Mitchell, Olivia S. & Zeldes, Stephen P. 
            Social security money's worth.  0p.                         
     1008   Geanakoplos, John, et al.  A strategic market game with     
            active bankruptcy.  0p.                                     
     1006   Nordhaus, William D.  New directions in national economic   
            accounting.  0p.                                            
     1007   Shiller, Robert J. & Weiss, Allan N.  Home equity insurance.
             0p.                                                        
     1004   Shiller, Robert J.  Measuring bubble expectations and       
            investor confidence.  0p.                                   
     1010   Morris, Stephen.  Approximate common knowledge revisited.   
            0p.                                                         
     1009   Phillips, Peter C.B. & Moon, Hyungsik R.  Nonstationary     
            panel data analysis: an overview of some recent             
            developments.  0p.                                          
     1011   Brainard, William C. & Perry, George L.  Making policy in a 
            changing world.  0p.                                        
     1012   Phillips, Peter C.B.  Trending time series and macroeconomic
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     1013   Quint, Thomas & Shubik, Martin.  The core of endo-status    
            games and one-to-one ordinal preference games.  0p.         
     1015   Andrews, Donald W.K. & Lu, Biao.  Consistent model and      
            moment selection procedures for GMM estimation and          
            application to dynamic panel data models.  0p.              
     1018   Moon, Hyungsik R. & Phillips, Peter C.B.  Estimation of     
            autoregressive roots near unity using panel data.  0p.      
     1017   Morris, Stephen.  Political correctness.  0p.               
     1019   Moselle, Boaz & Polak, Benjamin.  A model of predatory      
            state.  0p.                                                 
     1016   Park, Joon Y. & Phillips, Peter C.B.  Nonlinear regressions 
            with integrated time series.  0p.                           
     1020   Schiff, Aaron & Phillips, Peter C.B.  Forecasting New       
            Zealand's real GDP.  0p.                                    
     1014   Shiller, Robert J. & Weiss, Allan N.  Moral hazard in home  
            equity conversion.  0p.                                     
     1021   Andrews, Donald W.K.  Testing when a parameter is on the    
            boundary of the maintained hypothesis.  0p.                 
     1022   Bergemann, Dirk & Valimaki, Juuso.  Stationary multi-choice 
            bandit problems.  0p.                                       
     1023   Phillips, Peter C.B.  Descriptive econometrics for          
            non-stationary time series with empirical illustrations.    
            0p.                                                         
     1025   Shiller, Robert J.  Human behavior and the efficiency of the
            financial system.  0p.                                      
     1024   Shubik, Martin.  On understanding money.  0p.               




                                                           PAGE  91

     1026   Phillips, Peter C.B.  The Bill Phillips legacy of continuous
            time modelling and econometric model design.  0p.           
     1028   Phillips, Peter C.B., Moon, Hyungsik R. & Xiao, Zhijie.  How
            to estimate autoregressive roots near unity.  0p.           
     1027   Quint, Thomas & Shubik, Martin.  Games of status.  0p.      

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     179    Islamov, Bakhtior.  Central Asian states: on the way from   
            autarchic dependence to regional and global interdependence.
             0p.                                                        
     180    Islamov, Bakhtior & Parpiev, Ziyodullo.  Challenges of      
            globalization and exchange rate policies in Central Asian   
            independent states.  0p.                                    
     181    Watanabe, Satoshi.  Electronic commerce, international      
            taxation, and tax administration.  0p.                      

     YALE UNIVERSITY.  Economic Growth Center-Reprint Series.           

     564    Corsetti, Giancarlo.  Interpreting the Asian financial      
            crisis: open issues in theory and policy.  0p.              
     562    Evenson, Robert E.  Economic valuation of biodiversity for  
            agriculture.  0p.                                           
     561    Evenson, Robert E.  Rice varietal improvement and           
            international exchange of rice germplasm.  0p.              
     565    Evenson, Robert E. & Joseph, K.J.  Foreign technology       
            licensing in Indian industry.  0p.                          
     560    Hamada, Koichi & Dekle, Robert.  On the development of      
            rotating credit associations in Japan.  0p.                 
     566    Srinivasan, T.N.  Developing countries in the world trading 
            system: from GATT, 1947, to the third ministerial meeting of
            WTO, 1999.  0p.                                             
     559    Srinivasan, T.N.  Strengthening the international financial 
            architecture.  0p.                                          
     563    Srinivasan, T.N.  Trade and human rights.  0p.              
     573    Boozer, Michael & Philipson, Tomas J.  The impact of public 
            testing for human immunodeficiency virus.  0p.              
     572    Boozer, Michael & Rouse, Cecilia.  Intraschool variation in 
            class size: patterns and implications.  0p.                 
     571    Corsetti, Giancarlo, Pesenti, Paolo & Roubini, Nouriel.     
            What caused the Asian currency and financial crisis?.  0p.  
     567    Evenson, Robert E.  Global and local implications of        
            biotechnology and climate change for future food supplies.  
            0p.                                                         
     574    Ghatak, Maitreesh & Guinnane, Timothy W.  The economics of  
            lending with joint liability: theory and practice.  0p.     
     575    Guinnane, Timothy W.  Cooperatives as information machines: 
            German rural credit cooperatives, 1883 - 1914.  0p.         
     570    Huffman, Wallace E. & Evenson, Robert E.  Structural and    
            productivity change in U.S. agriculture, 1950-1982.  0p.    
     576    Ranis, Gustav & Stewart, Frances.  The debt-relief          
            initiatives for poor countries: good news for the poor?.    
            0p.                                                         
     569    Sakuragawa, Masaya & Hamada, Koichi.  Capital flight,       
            North-South lending, and stages of economic development.    
            0p.                                                         


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     568    Srinivasan, T.N.  Attacking poverty: a lost opportunity -   
            World Development Report 2000-2001.  0p.                    
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